Holcim and Lafarge issue list of items for sale

摘要

Holcim and Lafarge have released a list of the most significant assets that will be put up for sale to help the two companies allay competition concerns over their proposed merger. Linked to this is the news that mining company Anglo American has announced it plans to sell its 50% stake in its UK construction materials joint venture, Lafarge Tarmac. The largest disposals on the Holcim and Lafarge list are planned for Europe, where both companies have a substantial presence. They include most of Holcim's French businesses, all of Lafarge's German activities, and the majority of Lafarge's UK footprint, which is through the Lafarge Tarmac joint venture. In addition to disposals in these three major markets, a Lafarge cement plant in Austria and the company's assets in Romania will go up for sale, as well as Holcim businesses in Hungary and Serbia.