A sack topples over
Lafarge and Holcim will now become LafargeHolcim. Perhaps. Because the press release in which the two construction-materials corporate groups announced this news in April sounds more like a declaration of intent. The text is formulated accordingly cautiously: “With this merger, LafargeHolcim would have a stronger presence in the global construction materials industry.” And: “The joint activities would include 90 production sites in the construction materials industry worldwide.” Likewise: “Following the merger, they would have the most balanced and most diversified portfolio in the industry.”...
