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Sun April 18 2021

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CRH cleared to buy package of Lafarge and Holcim assets

27 Apr 15 The European Commission has approved CRH as purchaser of a package of assets that will be divested by Lafarge and Holcim once they merge.

The divestments cover six European countries, including most of the Lafarge Tarmac assets in the UK.

The deal remain subject to the completion of the merger, including a successful public exchange offering to Lafarge's shareholders and approval by Holcim's shareholders.

The package covers:

  • France - ¬†in metropolitan France, all of Holcim's assets, except for its Altkirch cement plant and aggregates and ready-mix sites in the Haut-Rhin region, and a grinding station of Lafarge in Saint-Nazaire; Lafarge's assets on Reunion island, except for its shareholding in Ciments de Bourbon
  • Germany - Lafarge's assets
  • Hungary - Holcim's operating assets
  • Romania - Lafarge's assets
  • Slovakia - Holcim's assets
  • UK - ¬†Lafarge Tarmac assets with the exception of its Cauldon and Cookstown plants and certain associated assets.

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