Cement Industry Mergers & Acquisitions Force Rationalization of $13.8 Billion of Active Growth Projects
SUGAR LAND--August 3, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Merger and acquisition mega-deals by Holcim (Jona, Switzerland) and Lafarge S.A. (Paris, France) last year, and HeidelbergCement AG (Heidelberg, Germany) and Italcementi (Bergamo, Italy) this year, are changing the face of the global cement-manufacturing industry. Both deals will provide strong market share growth by adding operations in geographies that were not previously covered prior to the combination; however, it is likely that there will be some redundancy in certain markets. Global demand for cement is depressed due in part to the slowdown in China.
Within this article: Impact of recent mega-mergers in the cement industry.
Additional companies: Summit Materials Incorporated (NYSE:SUM)