World largest cement group decides to sell business and leave Brazil

LafargeHolcim holds the third position in the Brazilian market, behind Votorantim Cimentos and InterCement.

RIO DE JANEIRO, BRAZIL - Zurich-based world leader in the production of cement and other building materials, LafargeHolcim, is starting the process of leaving Brazil with the sale of its local operations, which total 10 industrial units, as well as distribution centers, mixing terminals and some mining units.

According to industry sources, the Franco-Swiss group has hired Itaú BBA bank and other financial advisors to help it find buyers for the assets it operates in the country and abroad.

With 5 integrated plants and 5 cement grinding units, LafargeHolcim can produce around 10 million tons per year.

The divestment . . .

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