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Home News Swiss-owned Holcim to sell Hungarian subsidiary

Swiss-owned Holcim to sell Hungarian subsidiary

by Staff Writer
November 26, 2014
in News
Reading Time: 1 min read
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The Swiss-owned construction materials company Holcim is said to have decided to sell its Hungarian unit, Holcim Hungary, which has 16 branch offices. The step is needed as the company has recently gained a dominant position in several European markets following the merger plans with its French competitor Lafarge. The sale transaction may be completed in the second half of 2015. The potential buyer is a multi-national group.

The Swiss-owned construction materials company Holcim is said to have decided to sell its Hungarian unit, Holcim Hungary, which has 16 branch offices.

The step is needed as the company has recently gained a dominant position in several European markets following the merger plans with its French competitor Lafarge.

The sale transaction may be completed in the second half of 2015. The potential buyer is a multi-national group.

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