Holcim holds majority stake in Jurong Cement
Zürich, Switzerland – Holcim has successfully completed to the mandatory general offer to the remaining shareholders for Jurong Cement Limited, Singapore, announced on April 30, 2007 and now holds a 55 percent majority stake in the company. This corresponds to a total investment of approximately USD 33 million.
Holcim is one of the world’s leading suppliers of cement and aggregates (crushed stone, gravel and sand) as well as further activities such as ready-mix concrete and asphalt including services. The Group holds majority and minority interests in more than 70 countries on all continents.