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German cement maker Heidelberg Materials continues to expand its foothold in the US

Cement giant Heidelberg Materials expands US presence

Heidelberg Materials has struck a deal to buy Giant Cement Holding and its subsidiaries for $600m, the latest acquisition by the German cement maker to expand its foothold in the US.

Business • 29 Nov 24

The Swiss cement giant has been reorganising its business, including a number of divestments

Holcim to sell Brazilian business to CSN for $1 billion

Holcim has agreed to sell its business in Brazil to Companhia Siderúrgica Nacional (CSN) for an enterprise value of $1.025 billion in a move the world's largest cement maker said would help shift its focus.

Business • 10 Sep 21

The world's biggest cement maker, LafargeHolcim, said today that it was not planning job cuts for now

LafargeHolcim warns on profit as virus hits builders

LafargeHolcim has today ditched its profit forecast for 2020 and announced spending cuts to counter the downturn in construction caused by the coronavirus.

Business • 27 Mar 20

LafargeHolcim is the world's largest cement maker

LafargeHolcim sees cement demand up

LafargeHolcim, the world's largest cement maker, expects demand to continue rising this year, pushing aside concerns about slowing economies and trade tensions weighing on the construction industry.

Business • 15 May 19

The French-Swiss company said it is counting on 'solid market demand' for its building materials to continue

LafargeHolcim sees slower 2019 sales growth

LafargeHolcim expects slower sales growth but higher profitability during 2019, the world's largest cement maker said today.

Business • 28 Nov 18

LafargeHolcim was delivering on higher prices and cost costs, its CEO said today

LafargeHolcim reports solid third quarter earnings

LafargeHolcim said it remained on course to achieve its full-year profit target as the world's largest cement maker reported a 10.5% increase in core earnings during the third quarter.

Business • 04 Nov 16

The world's largest cement group was created by a merger between Frances's Lafarge and Switzerland's Holcim

LafargeHolcim may withdraw from several countries

LafargeHolcim is considering withdrawing from several markets as part of its efforts to make last year's mega-merger a success, chairman Beat Hess has said.

Business • 19 Sep 16

LafargeHolcim's first quarter sales dropped 5.5% to 6.1 billion francs

LafargeHolcim forecasts rising operating profit

LafargeHolcim's chief executive Eric Olsen has sought to shrug off a dismal first quarter for the cement giant.

Business • 12 May 16

The CRH deal with Holcim and Lafarge includes assets in Europe, Canada, Brazil and the Philippines

Lafarge and Holcim accept CRH deal for assets

Cement companies Holcim and Lafarge said they have reached a binding agreement under which CRH will buy some of their assets for €6.5 billion.

Business • 27 May 15

The two companies unveiled a 'merger of equals' last April to create the world's biggest cement maker

Holcim posts a profit while Lafarge reports a loss

Swiss cement maker Holcim has today reported a big jump in net profit in the first quarter, while its French merger partner Lafarge posted a loss.

Business • 30 Apr 15

European authorities clear CRH's €6.5 billion deal

EU clears CRH deal for Lafarge and Holcim assets

European competition regulators have today cleared CRH's planned €6.5 billion purchase of a number of mostly European assets from rivals Lafarge and Holcim.

Business • 24 Apr 15

CRH has agreed to buy some European assets from Holcim and Lafarge to help them get competition clearance

CRH shareholders approve €6.5 billion assets deal

CRH is working on the basis that the troubled merger of industry giants Lafarge and Holcim will happen, its CEO said as his shareholders approved asset purchases that depend on the deal going ahead.

Business • 19 Mar 15

Lafarge's CEO Bruno Lafont was presented as the future CEO of what would be the world's biggest cement maker

Holcim and Lafarge seek to save troubled merger

Holcim and Lafarge are discussing a new CEO appointment to the combined group that would see current Lafarge boss Bruno Lafont in a different role, sources say.

Business • 18 Mar 15

The deal announced in April 2014 was supposed to combine the French and Swiss companies on an equal basis

Holcim calls halt to Lafarge deal to look at terms

A conflict between cement makers Lafarge and Holcim deepened today as both acknowledged that the terms of their proposed merger of equals may have to be revised to reflect diverging valuations.

Business • 16 Mar 15