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News CRH concludes final part of LafargeHolcim acquisition in Philippines

CRH concludes final part of LafargeHolcim acquisition in Philippines

Written by Global Cement staff 15 September 2015
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Ireland/Philippines: CRH has completed the Philippines element of its Euro6.5bn acquisition of certain Lafarge-Holcim assets and as such has now completed the entire deal.

On 2 February 2015, CRH announced that it had reached agreement to acquire certain assets from Lafarge and Holcim for a total enterprise value of Euro6.5bn. On 3 August 2015, CRH confirmed that the majority of the transaction was complete, with the exception of the operations in the Philippines. In a press release issued on 15 September 2015, CRH announced that the Philippines element of the transaction is now complete.

Last modified on 16 September 2015
Published in Global Cement News
Tagged under
  • Ireland
  • Philippines
  • CRH
  • Acquisition
  • Assets
  • LafargeHolcim
  • GCW218

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