Europe & CIS

The Autorité des marchés financiers has published the results of the re-opened offer, which has resulted in 25 901 191 additional Lafarge S.A. shares tendered.

Cemex has announced that, after working closely with the European Commission, antitrust proceedings have come to an end.

CRH has announced the completion of the transaction to acquire certain assets from Lafarge and Holcim, with the exception of the Philippines, which is expected to close this quarter.

Cementir Holding has announced its 1H15. Revenue increased by 0.6% due to good performance of Scandinavian operations, counterbalancing the difficulties encountered in Turkey, Egypt, Italy and the Far East.

The merged company owns almost 90% of the shares and has launched an MTO for the remaining stake.

Titan benefited from the strong performance of its US operations and achieved an increase in consolidated turnover of almost 20%.

Cement sales for the Italian cement company were on par with 1H14 and operating results improved.

The report from the Greek cement producer covers both financial and environmental performance.

Flexicon (Europe) Ltd expands its services into Spain with the establishment of a new office in Barcelona.

CRH has appointed Rebecca McDonald as a non-executive Director, adding her skills and experience to its Board.

LafargeHolcim is already working on synergy acceleration activities, expecting CHF100 million synergies by year-end.

Cement volumes were down 3% in 2Q15, while 1H15 EBITDA was up 6% thanks to favourable exchange rates.

Holcim’s 1H15 results were affected by lower than expected demand in a mixed global economic environment.

In the group’s report on its 2Q15 results, HeidelbergCement announces increases in revenue and operating income and a decrease in net debt.

More details on the acquisition of Italian cement company Italcementi by HeidelbergCement, which will make HeidelbergCement the world’s second biggest cement producer.