LafargeHolcim
 | |
| Public | |
| Traded as |
SIX: LHN Euronext: LHN |
| Industry | Building materials |
| Founded | 10 July 2015 |
| Headquarters | Jona, Switzerland |
Number of locations | 100 countries |
Key people |
Eric Olsen (CEO) Wolfgang Reitzle (Co-Chairman) Bruno Lafont (Co-Chairman) |
| Services | Cement, Aggregates, Concrete |
| Revenue | 29 Bn CHF (2015)[1] |
| 251 million CHF (2015)[1] | |
| Profit | -1,361 million CHF (2015)[1] |
| Total assets | 73,298 million CHF (2015)[1] |
| Total equity | 35,722 million CHF (2015)[1] |
| Owner |
Thomas Schmidheiny (11.4%)[2] Groupe Bruxelles Lambert (9.43%)[2] |
Number of employees | 100,000 (2015)[1] |
| Subsidiaries |
Lafarge Holcim |
| Website |
www |
LafargeHolcim is a manufacturer of building materials (primarily cement, aggregates and concrete) which claims to be the largest in the world, with a presence in 90 countries and 115,000 employees.[3] It was formed by the merger on 10 July 2015 of cement companies Holcim and Lafarge which had combined net sales of CHF 33 billion (EUR 27 billion) in 2014.[3] The new company has a manufacturing capacity of 368.5 million tons a year.
History
On 7 April 2014, Lafarge and Holcim announced a merger project to create LafargeHolcim.
With a combined market value exceeding $50 billion, the merger was the second largest announced in 2014 worldwide.[4] It was early recognised that a merger of this scale would raise regulatory concerns. The planned divestments account for between 10 and 15% of the companies' current EBITDA,[5] while the deal was expected to save the company 1.4 billion euros (US$1.9 billion) annually and create "the most advanced group in the building materials industry."[6]
On 10 July 2015, Lafarge and Holcim completed the merger and created LafargeHolcim.[7] On 15 July 2015, the new LafargeHolcim Group was officially launched.[8]
Group
LafargeHolcim operates in 90 countries and focuses on cement, aggregates and concrete. The Group has 115,000 employees around the world and combined net sales of CHF 33 billion (EUR 27 billion) in 2014.[9]
The Group is based in Switzerland but its central functions remain divided between Zurich and Paris. The company's research facilities are in l'Isle d'Abeau, near Lyon, France.
Management
Eric Olsen is the CEO, and Wolfgang Reitzle and Bruno Lafont are the co-chairmen.[4]
Members of the Executive Committee are appointed by the Board of Directors:[10]
- Eric Olsen, Chief Executive Officer
- Ron Wirahadiraksa, Chief Financial Officer
- Jean-Jacques Gauthier, Chief Integration Officer – Organization and Human Resources
- Roland Köhler, Member (Europe)
- Alain Bourguignon, Member (North America)
- Saâd Sebbar, Member (Middle-East Africa)
- Pascal Casanova, Member (Latin America)
- Urs Bleisch, Member (Performance and Cost)
- Gérard Kuperfarb, Member (Growth and Innovation)
References
- 1 2 3 4 5 6 http://www.lafargeholcim.com/lafargeholcim-at-a-glance. Missing or empty
|title=(help) - 1 2 http://www.4-traders.com/LAFARGEHOLCIM-LTD-2956274/company/
- 1 2 "Holcim and Lafarge Complete Merger and Create LafargeHolcim, a New Leader in the Building Materials Industry". Bloomberg. Retrieved 11 July 2015.
- 1 2 Patrick Winters; Francois de Beaupuy (April 7, 2014). "Holcim to Merge With Lafarge to Form Biggest Cement Maker". Bloomberg. Retrieved April 9, 2014.
- ↑ Natalie Huet; Caroline Copley (April 7, 2014). "Holcim, Lafarge agree to merger to create cement giant". Reuters. Retrieved April 9, 2014.
- ↑ David Jolly (April 7, 2014). "Antitrust Hurdles Loom Large for Giant Concrete Merger". New York Times. Retrieved April 9, 2014.
- ↑ "Holcim and Lafarge complete merger and create LafargeHolcim, a new leader in the building materials industry". LafargeHolcim.com. Retrieved 10 July 2015.
- ↑ "A new leader for a new world: LafargeHolcim officially launched around the globe". LafargeHolcim.com. Retrieved 15 July 2015.
- ↑ "A New Leader for a New World: LafargeHolcim Officially Launched around the Globe". Reuters. Retrieved 15 July 2015.
- ↑ "Executive Committee". LafargeHolcim.com.
