Lafarge becomes Opterra
With the official completion of the transaction with Lafarge and Holcim, Lafarge Deutschland is member of the CRH Group with immediate effect. At the same time, the name Lafarge has been replaced in Germany by the name Opterra, which is immediately effective for all former Lafarge locations in Germany.
“We are glad to be one of the eleven new members of the CRH Group since the 1st of August 2015. With an annual production capacity of 3.5 million tons of cement, we are one of the leading cement producers in Germany,” the company‘s website states. Opterra is manufacturing 40 different types of cement at four facilities located in Karsdorf, Wössingen, Sötenich and Neunfahrn. The portfolio, furthermore, includes services in the fields of application support and advice, sales, quality and logistics.
Production volume doubled
The changes in Germany are part of the agreement between CRH plc and the companies Lafarge S.A. and Holcim Ltd. On February 2, 2015, CRH announced that the Group had agreed with Lafarge S.A. and Holcim Ltd. to acquire certain assets worth 6.5 billion euros from the latter companies. As reported by a current press release, the transaction is complete now, with the exception of the Philippines where the acquisition of the assets is expected in the 3rd quarter of 2015. The transaction more than doubles the cement production volume of CRH and will further expand its aggregates and ready-mixed concrete portfolios.
The acquired assets include: the largest cement producer in Central Canada, major cement and aggregates transactions in Great Britain, France and Germany, cement and aggregates companies in Central and Eastern Europe, entry positions of a large scale in Brazil and the Philippines.
