Lafarge sells its cement plant
Lafarge recently announced the sale of its cement activities in Ukraine to CRH plc, for an enterprise value of € 96 million. This business comprises one wet process cement plant located in the Lviv region, in the western part of the country. This transaction, which is expected to close before year-end, is subject to relevant Ukrainian authorities' approval. The Group remains present in Ukraine through three aggregates quarries serving the Ukrainian as well as the Russian and Polish markets. A world leader in building materials, Lafarge employs 65,000 people in 64 countries, and posted sales of €15.8 billion in 2012.