In Romania, CRH will buy Lafarge’s assets, namely two cement plants, in Medgidia and Hoghiz, and one milling station, in Targu Jiu.
CRH will buy operations mainly in Europe, Canada, Brazil and the Philippines, which generated estimated sales of EUR5.2 billion last year. The operating EBITDA for 2014 is estimated at EUR744 million, Holcim said.
Last April, Lafarge and Holcim announced they will merge and create the largest global cement maker with an annual turnover estimated at over $40 billion. To get antitrust clearance, the two companies have to sell several assets, including in Romania.
Holcim assets in Romania include two cement plants in Campulung and Alesd, a cement mill and a cement terminal in Turda, 13 concrete batching plants, 3 aggregate plants, 2 special binders plants and a cement terminal in Bucharest.