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Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim And Lafarge Complete Merger And Create LafargeHolcim

Holcim Ltd and Lafarge S.A. immediately accomplished their global merger and have launched LafargeHolcim, a world leader in the building materials industry.

All conditions for the completion of the merger have been fulfilled following the profitable completion of the public change offer and the issuance of new Holcim shares to Lafarge shareholders.

Holcim’s shareholders had beforehand approved the merger-associated resolutions at an Extraodd General Assembly on Might eight, 2015. With the completion of the merger the mandate of the new Board of Directors and of the new Executive Committee with Eric Olsen as CEO has grow to be effective.

LafargeHolcim also unveils its new brand and corporate id today. It has been designed to demonstrate that Holcim and Lafarge have united to type one firm, expressing the leadership and strength of the new Group.

Wolfgang Reitzle, Co-Chairman (statutory Chairman) of the Board of Directors of LafargeHolcim, says: "At the moment’s closing is a historic occasion – not only for our two founding companies but in addition for the industry as a whole. LafargeHolcim has a singular enterprise portfolio, is the business benchmark in R&D and gives its prospects the widest range of innovative and value-adding products, companies and options – from smallholders to large enterprises and most complicated projects."

Bruno Lafont, Co-Chairman of the Board of Directors of LafargeHolcim, adds: "This new company is constructed on the rich history and tradition of Lafarge and Holcim and its teams. The merger has not only resulted in a bigger and more world firm but brings a couple of distinctive set of complementary capabilities to capitalize on. Under the leadership of Eric Olsen, the new Group will foster a new operating model and create more value for all our stakeholders."

The new LafargeHolcim shares might be traded on the SIX Swiss Change as well because the Euronext in Paris as of July 14.

As introduced, LafargeHolcim will re-open the general public trade offer to offer the remaining Lafarge shareholders the chance to additionally tender their shares. The new provide interval will begin on July 15, 2015 for a length of ten trading days till July 28th.

In April 2014 each companies had announced their intention to merge. The Group received all related anti-trust approvals within the anticipated timeframe following a proactive dialogue with the respective authorities. In this context, operations in Europe, the US, Canada, Brazil, India, the Philippines, and Mauritius are being divested. Completion of these transactions is anticipated within the approaching months.

The worldwide launch of the new company will be celebrated on July 15, 2015. LafargeHolcim will invite to a media convention on that day.


About LafargeHolcim
With a well-balanced presence in ninety countries and a deal with Cement, Aggregates and Concrete, LafargeHolcim is the world leader within the building materials industry. The Group has 115,000 employees all over the world and combined net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the industry benchmark in R&D and serves from the individual housebuilder to the most important and most complex project with the widest range of worth-adding products, progressive companies and comprehensive building solutions. With a commitment to drive sustainable solutions for better building and infrastructure and to contribute to a higher high quality of life, the Group is finest positioned to meet the challenges of accelerating urbanization.

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