Several companies show interest in Lafarge Pakistan

In response to a notice sent to the Karachi Stock Exchange by Lafarge SA to divest its entire holding (75.86 per cent) in Lafarge Pakistan Cement Limited (LPCL), local as well as international players have shown interest in acquiring the company.

While the acquisition remains in the due diligence phase at the moment, seven companies/groups are currently believed to be vying for LPCL namely: Lucky  Cement, DG Khan Cement, House of Habib, Vision Holdings, Pioneer Cement, Bestway Cement and Kohat Cement.

LPCL is a North based manufacturer with a capacity of 2.4Mt while production stood at 1.64Mt in CY13 (capacity utilisation: 68.4 per cent).