Divestiture of Lafarge's : lime operation in Alabama - USA

Euronext: LG
NYSE: LR

01.16.2002
 

Lafarge today announces that on December 31,2001, it completed the sale of the Calera lime plant located in Alabama, USA (a former Blue Circle asset), to Peak Investments L.L.C., a Kansas-based company. The lime production capacity is approximately 400,000 tons per year.

This sale concludes the divestitures required in the United States by the Federal Trade Commission in connection with Lafarge's acquisition of Blue Circle Industries PLC completed earlier last year. Previous divestitures included sales of assets to Votorantim in the Great Lakes area (August 3, 2001 announcement). Divestitures required by the Canadian Competition Bureau were concluded at the end of last year (November 29, 2001 announcement).

Lafarge is the world leader in building materials and holds top-ranking positions in its four Divisions : Cement, Aggregates & Concrete, Roofing and Gypsum. It has 85,000 employees in 75 countries. In 2000 the Group recorded sales of Euro 12.2 billion.

Contacts
Press Contacts Investor Relations
Denis Boulet
Tél : 33-1 44 34 94 14
denis.boulet@lafarge.com
James Palmer
Tél : 33-1 44 34 11 26
james.palmer@lafarge.com
Véronique Doux
Tél : 33-1 44 34 19 47
veronique.doux@lafarge.com
Danièle Daouphars
Tél : 33-1 44 34 11 51
daniele.daouphars@lafarge.com
 

The press release (pdf, 16.05 KB)