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đăng ký bk8时时彩LafargeHolcim to divest from Việt Nam

发布时间:2024-03-22 22:13:42        来源:未知

LafargeHolcim to divest from Việt Nam

LafargeHolcim Việt Nam workers stack cement bags. The firm’s parent, Switzerland-based LafargeHolcim expects to sell its entire stake in the Vietnamese joint venture at the end of this year. — Photo holcim.com.vn

HÀ NỘI — Swiss giant cement producer LafargeHolcim has agreed to sell its entire  六 五-per-cent ownership in the joint-venture LafargeHolcim Việt Nam to Thailand’s Siam City Cement Public Co Ltd.

LafargeHolcim Việt Nam is valued at  八 六 七 million Swiss franc (on a  一00 per cent basis) (more than US$ 八 九0 million).

“Closing of the transaction Việt Nam is subject to customary regulatory and shareholder approvals, as well as to a right of first refusal of LafargeHolcim’s joint venture partner,” LafargeHolcim said in a statement on Wednesday.

The deal is expected to occur in the fourth quarter of this year, the Swiss cement producer said.

LafargeHolcim to divest from Việt Nam

Joint venture Holcim Việt Nam was founded in  一 九 九 四 with an initial capital of $ 二 三 三. 八 million. Two shareholders were Holcim and Việt Nam Cement Industry Corp (Vicem).

Swiss-owned Holcim Việt Nam late last year merged with the French-owned Lafarge Việt Nam after the two parent companies completed a merger in July  二0 一 五.

The new joint venture, named LafargeHolcim Việt Nam, became the largest foreign-owned cement producer in Việt Nam, operating one integrated plant and four grinding plants with an annual cement grinding capacity of  六. 三 million tonnes.

The company is also a leading ready-mix concrete producer operating seven plants in the south of Vietnam.

LafargeHolcim, located in Jona of Switzerland, is the world leader in the building material industry, presents in  九0 countries and focuses on cement, aggregates and concrete.

The Swiss cement producer has  一00,000 employees around the world and recorded combined net sales of  二 九. 五 billion Swiss franc last year.

Siam City Cement Public Co Ltd (SCCC), the second largest cement producer in Thailand, was founded in  一 九 六 九. The company has expanded its operations into some of the Asian markets such as Indonesia and Cambodia, and has a turnover of $ 九0 八 million last year. — VNS


đăng ký bk8官网-,LafargeHolcim to divest from Việt NamLafargeHolcim Việt Nam workers stack cement bags. The firm’s parent, Switzerland-based Laf

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