Lafarge Romania, officially under the CRH umbrella
part of a global agreement to take over more assets Lafarge (France) and Holcim (Switzerland) for 6.5 billion euros,
in the context of the merger of the two world cement industry giants. CRH notes that the decision to purchase the assets of Lafarge
in Romania demonstrates confidence in the good results of the former unit of the French group.
Irish producer CRH took over from Lafarge cement plants in Medgidia and Hoghiz, grinding station in Targu-Jiu and more quarries, gravel
and concrete plants. Lafarge Romania's consolidated turnover amounted to 200 million euro in 2014. Overall, the transaction will double the production capacity of CRH cement and expand its portfolio of premixed concrete and aggregates.
Therefore, CRH will become, according to its own data, the third largest global player in the building materials market worldwide and
number two in the market for aggregates. Following the transaction, the local cement market will remain dominated by three major players
- the new entity LafargeHolcim, german company HeidelbergCement and respectively the Irish CRH. Source: www.zf.ro