Lafarge announces the sale of cement, concrete and
aggregates assets in Missouri and Oklahoma to Eagle
Materials Inc. for $446M.
The assets sold include cement plants in Kansas City
(Missouri), and Tulsa (Oklahoma) having a total cement
capacity of 1.6 million tons, along with associated cement
terminals. Lafarge is also selling its ready-mix concrete
and aggregates operations in Kansas City.
Lafarge is one of the leading suppliers of the US market
where it intends to pursue and accelerate the development
of its innovative products and services.
After completion of this transaction, subject to regulatory
approval, the US operations will consist of 9 cement or
grinding plants and associated cement terminals, with a
combined capacity of 11 million tons, as well as leading
positions in aggregates and concrete.
NOTES TO EDITORS
Located in 64 countries with 68,000 employees, Lafarge is a
world leader in building materials, with top-ranking
positions in its Cement, Aggregates & Concrete businesses.
In 2011, Lafarge posted sales of 15.3 billion euros.
Since 2010, the Lafarge Group has been part of the Dow
Jones Sustainability World Index, the first global
sustainability benchmark, in recognition of its sustainable
development actions. With the world's leading building
materials research facility, Lafarge places innovation at
the heart of its priorities, working for sustainable
construction and architectural creativity.
Eagle Materials Inc. manufactures and distributes Cement,
Aggregates, Concrete, Gypsum Wallboard and Recycled
Paperboard from 25 facilities across the U.S. The company
is headquartered in Dallas, Texas.
Additional information is available on the Website at www.eaglematerials.com