Lafarge
announced that the Group received €850 million with the closing of the sale of its
European and South American Gypsum assets to Etex Group. Lafarge will retain a
20% interest in the new partnership, allowing it to participate in the future
upside of the business with Etex Group, a strong industrial company with
expertise in building materials and systems.
Notes
to editors
Lafarge is the world leader in building materials, with top-ranking positions in all of
its businesses: Cement, Aggregates & Concrete and Gypsum. With 76,000
employees in 78 countries, Lafarge posted sales of Euros 16.2 billion in 2010.
Lafarge was ranked 6th in the "Carbon
Disclosure Project" and entered the global "Dow Jones Sustainability Index" in 2010 in recognition of its
sustainable development actions. With the world's leading
building materials research facility, Lafarge places innovation at the heart of
its priorities, working for sustainable construction and architectural
creativity.
