Lafarge
Lafarge has agreed the sale of its wholly-owned Russian subsidiary Uralcement to Buzzi Unicem for EUR104m and the proceeds will be used to reduce Lafarge's net debt. In May, Laf...
Divestment
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Nigeria: Benue State to sell remaining Dangote Cement plc stake
Nigeria’s Benue Investment and Property Co Ltd is expected to sell the remaining Dangote Cement plc shares held in trust for the state’s inhabitants on the Nigerian Stock Exchan...
Fiji: Holcim JV sells stake in Pacific Cement Ltd
South Pacific Cement, a joint venture between Holcim New Zealand and Fletcher Building Ltd, has sold its 47 per cent stake in Pacific Cement Ltd (PCL) to the Vinod Patel Group.
Holcim and Lafarge announce proposed asset disposals
Two months after the announcement of their planned merger, Lafarge and Holcim have revealed the list of proposed divestments.
Lafarge
Lafarge has agreed the sale of its 53.3 per cent stake in its Honduras subsidiary Lafarge Cementos SA de CV to Cementos Argos for €232m, subject to the necessary official approv...
Cementos Molins cuts back in Spain while expanding in foreign markets
As the Spanish construction crisis shows no sign of abatement, Cementos Molins expects to continue the adjustment in its Spanish workforce. The company’s vice-president and CEO ...
Portland Valderrivas explores sale of Cemento Lemona to CRH
Spain’s Cementos Portland Valderrivas is currently considering the sale of its Basque subsidiary Cementos Lemona to the Irish multinational CRH.