Chinese Firm Huaxin Cement Completes 100% Takeover of Lafarge Africa in $1 billion deal

Home Business and Economy Industry INDUSTRY Chinese Firm Huaxin Cement Completes 100% Takeover of Lafarge Africa in $1 Billion Deal 0 Published 31 Aug 2025 By  Pascal Oparada 3 min read Holcim has announced its divestment of equity in Lafarge Africa, one of the leading cement manufacturers in Africa The company said it had completed the sale of its 100% shareholding to Huaxin Cement, a Chinese company The Swiss building material company said it will now focus on other markets in Africa Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade. The Swiss building materials company, Holcim, has announced that it has completed the sale of its 83.81% shareholding in Lafarge Africa to Huaxin Cement, a Chinese 

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