Holcim Indonesia Tbk has acquired Lafarge Cement Indonesia, following the merger of the two parent companies.
The company has signed a conditional purchase agreement with respect to the purchase of all the shares owned by Financière Lafarge SA of Lafarge Cement Indonesia on 29 December 2015.
Closing of the transaction is dependent on the fulfillment of several conditions, including approval by relevant authorities.
The company received funds from Holderfin BV – SMCB's controlling shareholder – to finance the
deal. The total value of the transaction is in the range of 20-50 per cent of the total equity of the company
as at 30 September 2015.
