Holcim signs agreement to sell its Nigerian business

Holcim has signed an agreement with Huaxin Cement Ltd to sell its entire 83.81 % shareholding in Lafarge Africa PLC, at an equity value of USD 1 billion on a 100 % basis.

The transaction is expected to close in 2025, subject to customary and regulatory approvals.

Region: Nigeria

Source: Holcim

Image source: Holcim

The use of materials published on the site is allowed only with the reference to the source (the journal «Cement and its application») and a hyperlink to the quoted material.

The use of materials published on the site is allowed only with reference to the source (the journal «Cement and its application») and a hyperlink to the quoted material.