LafargeHolcim to retain Cauldon cement plant

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UK: In January 2014, the UK Competition Commission (CC) instructed Lafarge Tarmac to sell one of its two cement plants to enable a new company to compete in the industry. In light of the LafargeHolcim merger, Lafarge plans to sell Lafarge Tarmac and all of its assets in the UK, with the exception of the Cauldon cement plant in Staffordshire, to a new market entrant. Following the merger, the newly-formed LafargeHolcim would retain the Cauldon cement plant.

The Cauldon plant would remain under the management of Lafarge Tarmac until the merger. "There is unlikely to be much change for employees," said a Lafarge Tarmac spokesperson. "Until the LafargeHolcim merger is completed, the plant remains part of Lafarge Tarmac and will be managed as such with no change for employees, customers or suppliers." The decision was made by the company's shareholders.

Last modified on 12 November 2014

URL: https://www.globalcement.com/news/item/3037-lafarge-tarmac-to-sell-cauldon-cement-plant

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