Cemex sells French concrete assets to LafargeHolcim

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France: Mexico-based Cemex has sold 24 concrete plants and an aggregates quarry in southeast France to Switzerland-based LafargeHolcim. Finalisation of the deal is expected in April 2021 and no approval by competition bodies is required. No value for the sale has been disclosed. The group said that the divestment is part of its strategy of focused portfolio development into high-growth markets.

Last modified on 03 February 2021

URL: https://www.globalcement.com/news/item/11932-cemex-sells-french-concrete-assets-to-lafargeholcim

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