|
contents | business | |||||||||
| Lafarge announces the sale of its Cement Operations in Honduras Lafarge, the world's largest cement maker, announces the sale of its cement operations in Honduras to Cementos Argos for a total enterprise value of €435 million (€232 million for the share of Lafarge). This enterprise value represents a 2012 EBITDA multiple of 8.6. Sold assets comprise an integrated cement plant with a capacity of 1 million tons and a grinding station with a 0.3 million tons capacity. This transaction is subject to relevant regulatory approvals. Lafarge owns 53.3% of its Honduran subsidiary (Lafarge Cementos SA de CV). write your comments about the article :: © 2013 Construction News :: home page |