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| Lafarge sells aggregates assets in Maryland (USA) French cement maker Lafarge announced the sale of 5 aggregates quarries and related assets in Maryland (USA) to Bluegrass Materials for a total enterprise value of $320 million (equivalent to €235 million). With these divestments, the Group has now largely completed its strategy of refocusing on its core markets in the United States. Lafarge today operates a strong network of integrated positions mainly located in the Great Lakes and Mississippi River regions. Lafarge's US operations consist of 9 cement or grinding plants and associated cement terminals, with a combined capacity of 11 million tons, as well as related aggregates and concrete businesses in these markets. Overall, the North American market represented over 21% of Lafarge 2012 sales. This transaction is subject to relevant regulatory approvals. write your comments about the article :: © 2014 Construction News :: home page |