Dirk India Private Ltd is a subsidiary of AMBUJA CEMENT Ltd. which is controlled by HOLCIM of Switzerland. The merger of HOLCIM with LAFARGE will create the world leader in cement, concrete and other building materials. Together with the world leading fly ash processing plants of LAFARGE this merger would open new horizons also for DIRK.
Zurich and Paris, April 7, 2014
A merger of equals to create LafargeHolcim,
the most advanced group in the building materials industry
Key Project highlights
A merger of equals creating the most advanced group in the building materials industry.
LafargeHolcim unprecedented range of products and services to answer the
changing demands of the building materials industry and the challenges of increasing urbanization.
Both companies combined sales amount to c. CHF 39bn / EUR 32bn and
Ebitda to c. CHF 8bn / EUR 6.5 bn.
Transaction structured as a public exchange offer initiated by Holcim with an
exchange ratio of 1 Holcim share for 1 Lafarge share.
Enhanced performance through incremental synergies totaling more than
CHF 1.7bn / EUR 1.4bn on a full run-rate basis phased in over three years with one
third in year one.
Strategic optimization of portfolio while anticipating regulatory requirements
through divestments: 10% to 15% of the global Ebitda.
Combined group to be uniquely positioned in 90 countries around the world with a
balanced exposure to both developed and high growth markets.
Clearly defined governance with an equally composed board (7 from Lafarge,7 from Holcim).
Wolfgang Reitzle as Chairman
Bruno Lafont as CEO and member of the board
Unanimous approval by the two boards of directors and full support from core
shareholders of both companies.
Closing expected in H1 2015
Extracted from the HOLCIm media release