Cement News tagged under: merger

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LH merger: a new era begins

02 May 2014, Published under Cement News

Lafarge and Holcim have surprised the industry by confirming their intention to combine in a ‘merger of equals’, designed to create an unrivalled building materials group with operations spanning 90 countries and sales of EUR32bn. The transaction, which is scheduled to close by the 1H15, has divided opinion, excited commentators and is certain to herald a new era for the global cement industry. Holcim chairman, Rolf Soiron, (left) and Lafarge CEO, Bruno Lafont, (right) announce the...

CEO Dr Scheifele: LH merger no threat to HeidelbergCement

17 April 2014, Published under Cement News

The announced mega-merger of Lafarge and Holcim is expected to change the competitive landscape in the cement industry as a new global building materials giant, LafargeHolcim, is created. Where does this leave other cement majors such as HeidelbergCement? Dr Bernd Scheifele, CEO of HeidelbergCement, does not view the merger and the benefits of a much larger global footprint as a threat to his company. In a recent interview with Phil Roseberg, Senior Analyst at BernsteinResearch, Dr Scheif...