Lafarge sell Ukrainian cement plant

Wet-process plant in Lviv region of western Ukraine sold to CRH plc for €96 million

LAFARGE have announced the sale of their cement activities in Ukraine to CRH plc for an enterprise value of €96 million.

This business comprises one wet-process cement plant located in the Lviv region, in the western part of the country.

The transaction, which is expected to close before the end of 2013, is subject to relevant Ukrainian authorities’ approval.

Lafarge Group will maintain a presence in Ukraine through three aggregates quarries serving the Ukrainian as well as the Russian and Polish markets.