LafargeHolcim East Africa Limited is set to hold its final members’ meeting later this month as the company moves to formally conclude its voluntary liquidation, marking the end of the Swiss cement giant’s presence in Kenya after nearly six decades.
- •Globally, Holcim has been pursuing asset sales and exits in non-core markets as part of a strategy to optimise capital allocation and focus on higher-growth regions.
- •The liquidation follows LafargeHolcim’s divestment of its 58.6% in Bamburi Cement to Tanzania’s Amsons Group, a transaction announced in December 2024 and completed earlier this year.
- • In Africa, this has included the sale of its 83.81% stake in Nigeria’s Lafarge Africa Plc to China’s Huaxin Cement for…