Holcim, Lafarge to Merge into Largest Global Cement Company

JOHANNESBURG--April 24, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--With the cement pipeline growing in emerging world markets, long-time competitors Holcim (OTC:HOMLF) (Jona, Switzerland) and Lafarge (OTC:LFRGY) (Paris, France) are merging to seize opportunities in the growing markets. The merger will create the world's largest cement group, worth $55 billion.