The FINANCIAL -- Euronext, the primary exchange in the Euro zone, on July 14 congratulated the new LafargeHolcim Group, the world leader in building materials, on its successful merger and inclusion in the CAC 40 index.
Following the merger of Holcim and Lafarge, LafargeHolcim, a world-scale group with European roots, offers a unique range of products and services to meet the fast-changing needs of the building industry and the challenges of urban development. The new company’s sound financial structure creates value for its shareholders, customers and other stakeholders. Now present in 90 countries, LafargeHolcim represents combined revenues of €27 billion and has around 115,000 employees worldwide, according to Euronext.
Eric Olsen, CEO of LafargeHolcim, said“The creation of LafargeHolcim, one of the world’s leading groups in the building materials industry, is a tremendous opportunity to build a unique growth platform with the objective to generate superior and sustainable value for all our stakeholders. The new Group will now benefit from the value creation of our new business model and unequalled growth levers. Our trading on Euronext is anchoring our roots in Europe and allowing us to leverage on this major financial centre.“
Anthony Attia, CEO of Euronext Paris, said “We are delighted that the new LafargeHolcim Group has joined the Euronext markets. This merger gives the new company a significant worldwide dimension and underscores once again the key role of capital markets in financing the real economy. We welcome LafargeHolcim to the family of dynamic international businesses already listed on our markets.”
Marc Lefèvre, Euronext’s head of Listing,added:“We are particularly happy to welcome the world’s largest cement, concrete and aggregates producer to Euronext Paris, and salute its inclusion in the CAC 40 index. This dual listing reflects LafargeHolcim’s desire to tap into the largest pool of investors on Euronext and confirms the group’s commitment to our pan-European market.”