Lafarge SA Announces Sale Of Cement Operations In Honduras

Tuesday, 3 Sep 2013 03:01am EDT 

Lafarge SA announced that the sale of its cement operations in Honduras to Cementos Argos for a total enterprise value of EUR435 million (EUR232 million for the share of Lafarge1). This enterprise value represents a 2012 EBITDA multiple of 8.6. Sold assets comprise an integrated cement plant with a capacity of 1 million tons and a grinding station with a 0.3 million tons capacity. This transaction is subject to relevant regulatory approvals. 

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