In the context of the divestments required by the Canadian Competition Bureau for the acquisition of Blue Circle Industries PLC, Lafarge has announced that it has entered into an agreement for the sale to St. Lawrence Cement (a subsidiary of Holcim Ltd) of the entire stock of two companies formerly a part of Blue Circle in the province of Ontario, Canada, for a total amount of approximately Euro 52 million ($cdn 75 million).
The assets involved include:
- Four aggregates locations (Acton, Mosport, Putnam and Woodstock)
- Three asphalt plants (2 in London and 1 in Brantford)
- A construction business which includes a fleet of trucks and related excavating and grading equipment
The transaction is subject to the approval of the Canadian Competition Bureau.
Lafarge is the world leader in building materials. It has 85,000 employees in 75 countries. Lafarge is world number one in Cement and holds top-ranking positions in its three other Divisions : Aggregates & Concrete, Roofing and Gypsum. In 2000 the Group recorded sales of Euro 12.2 billion.
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