Tags: Lafarge

Anglo American sells Lafarge Tarmac interest; Lafarge, Holcim propose divestment of assets

Jul 07, 2014

Anglo American sells Lafarge Tarmac interest; Lafarge, Holcim propose divestment of assets

Lafarge intends to divest the majority of Lafarge Tarmac assets after purchasing Anglo American’s 50-percent interest in the assets, the companies announced Monday. Related: Lafarge, Holcim merger expected to impact Canada According to a press release from Anglo American, Lafarge purchased the assets ...

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Lafarge, Holcim merger expected to impact Canada

May 29, 2014

Lafarge, Holcim merger expected to impact Canada

Cement producers Lafarge and Holcim plan to merge next year, and Financial Post predicts that the deal could have a major impact on Canada’s aggregates industry. The report notes that the companies own about half of the cement market in Canada, which will ...

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Lafarge sells Ecuador cement operations for $553 million

May 27, 2014

Lafarge sells Ecuador cement operations for $553 million

Lafarge announced on Tuesday that it is selling its cement operations in Ecuador for $553 million to Union Andina de Cementos S.A.A. (UNACEM). The sale includes a 1.4 million-ton capacity cement plant in Otavalo, Ecuador, and is expected to help the ...

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Lafarge EBITDA rises 21% in Q1 2014

May 06, 2014

Lafarge EBITDA rises 21% in Q1 2014

Lafarge reports that its EBITDA was up 21 percent like for like in the first quarter of 2014. The company also reports that its sales were down 2 percent to €2.633 million ($3.67 million) for the quarter. Sales were up 9 ...

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State and Province News May 2014

May 01, 2014

To keep up to date with this breakdown of news in the United States and Canada, visit www.AggMan.com for daily updates.   by Therese Dunphy, Editor-in-Chief tdunphy@randallreilly.com     Alabama Kane Barker, an assistant professor of chemistry and chair of the Department of Natural Sciences at Shorter University, received ...

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A Merger of Equals

May 01, 2014

by Therese Dunphy, Editor-in-Chief tdunphy@randallreilly.com As we wait for Martin Marietta’s acquisition of Texas Industries to clear regulatory approval, another industry merger is set to change the face of the construction materials market — both domestically and globally. On April 7, the ...

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Holcim and Lafarge: A ‘merger of equals’

Apr 07, 2014

Holcim and Lafarge:  A ‘merger of equals’

The worldwide cement industry is about to get a little bit smaller as the Switzerland-based Holcim and France-based Lafarge join forces in a “merger of equals.” The resulting company would have annual sales of $44 billion and market capitalization of ...

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M&A Activity Off to a Fast Start

Mar 01, 2014

M&A Activity Off to a Fast Start

By George H. Reddin   After a, relatively speaking, quiet 2013, merger and acquisition activity is off to a feverish pace in 2014. Divestitures by Lafarge and Vulcan, and a merger between Martin Marietta and Texas Industries led the way. We have ...

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Lafarge receives planning approval for expansion in Lockport, New York

Jan 08, 2014

Lafarge receives planning approval for expansion in Lockport, New York

The Planning Board in Lockport, New York has recommended the Common Council approve a one-year special use permit that would allow Lafarge North America to expand its Redlands Quarry, the Lockport Union-Sun & Journal reports. Lafarge wants to mine 9.1 acres ...

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Lafarge-blocking lawsuit ends in New York

Oct 23, 2013

Lafarge-blocking lawsuit ends in New York

A lawsuit intended to block Lafarge from expanding its stone quarry in Lockport, New York, has been dropped. Attorneys representing the group “Enough is Enough” and the town of Lockport signed an agreement to end a lawsuit that challenged the legality ...

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Guest Blog: Balance sheet management continues among operators

Oct 08, 2013

Guest Blog: Balance sheet management continues among operators

Corporate divestitures once again dominated the activity last month, with Lafarge North America and Vulcan Materials leading the way. Balance sheet management continues to be the emphasis to create liquidity and borrowing capacity to take advantage of when the market ...

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Lafarge North America acquires Metro Materials’ New Orleans division

Aug 06, 2013

Lafarge North America acquires Metro Materials’ New Orleans division

Lafarge North America has acquired the New Orleans division of Metro Materials, Inc. The acquisition includes Metro Materials’ New Orleans assets as well as the company’s two Ready Mix concrete plants and associated trucks and equipment. Metro Materials is a family-owned ready ...

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