Skip to main content

Eurocement backs Lafarge, Holcim merger

Published by
World Cement,


Eurocement Holding AG has issued a statement on its website publicly backing the Lafarge Holcim merger. The statement reads:

As a large Holcim shareholder Eurocement Holding AG realizes deeply the situation in the construction materials industry as well as Holcim’s position in the global market.

Having analyzed all advantages and disadvantages of a possible creation of the biggest global construction materials player we think that the prospective of the development of the combined company is very positive, so we will support the merger. 

In case of the merger we intend to keep on taking an active participation in the work of LafargeHolcim too, for the interests of the combined company and all its shareholders. We consider our participation to make a positive contribution to the development of the combined company.

This statement of support from Holcim’s second biggest shareholder takes some of the guesswork out of predicting the outcome of Friday’s vote at Holcim’s EGM, which will determine whether or not the merger goes ahead.


Adapted from press release by

Read the article online at: https://www.worldcement.com/europe-cis/05052015/eurocement-backs-lafarge-holcim-merger-787/

You might also like

 WCT2020

WCT2020

WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »

 

 Spotlight

World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »

 
 
 

Embed article link: (copy the HTML code below):