Lafarge in $446 Million Divestiture of Cement and Concrete Assets
September 26, 2012
Cleary Gottlieb is representing Lafarge in the sale of cement, concrete and aggregates assets in Missouri and Oklahoma to Eagle Materials for $446 million. The assets sold include cement plants in Kansas City, Missouri, and Tulsa, Oklahoma, having a total cement capacity of 1.6 million tons, along with associated cement terminals. Lafarge is also selling its ready-mix concrete and aggregates operations in Kansas City. The transaction was announced on September 26.