Lafarge has sold cement, concrete and aggregates assets in the US states of Missouri and Oklahoma to Eagle Materials for US$446 million (€345 million). The assets sold include cement plants in Kansas City (Missouri), and Tulsa (Oklahoma) having a total cement capacity of 1.6 million tons (1.45 million tonnes), along with associated cement terminals. Lafarge is also selling its ready-mix concrete and aggregates operations in Kansas City.
Lafarge has sold cement, concrete and aggregates assets in the US states of Missouri and Oklahoma to Eagle Materials for US$446 million (€345 million).
The assets sold include cement plants in Kansas City (Missouri), and Tulsa (Oklahoma) having a total cement capacity of 1.6 million tons (1.45 million tonnes), along with associated cement terminals. Lafarge is also selling its ready-mix concrete and aggregates operations in Kansas City.
Lafarge says it is one of the leading suppliers of the US market where it intends to pursue and accelerate the development of its innovative products and services.
After completion of this transaction, subject to regulatory approval, the US operations will consist of nine cement or grinding plants and associated cement terminals, with a combined capacity of 11 million tons (9.97 million tonnes), as well as leading positions in aggregates and concrete
