# Lafarge Surma Cement initiates merger talks with Holcim Cement Bangladesh

Lafarge Surma Cement Limited announced it has started discussions with LafargeHolcim Group to explore merging with Holcim Cement (Bangladesh) Ltd. No decision has been made yet and there is no guarantee a transaction will occur.

- Type: Acquisition
- Announced: 2016-11-03
- Where: Bangladesh, Bangladesh
- Status: rumored
- Capacity: 4.2 million tonnes per annum of cement
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lafarge Surma Cement Limited](https://endata.com/companies/19904.md)
- [Lafarge Surma Cement Limited](https://endata.com/companies/19904.md) (acquirer)
- [LafargeHolcim Group](https://endata.com/companies/19905.md) (partner)
- [Holcim Cement (Bangladesh)](https://endata.com/companies/19906.md) (target)
- [Holcim Bangladesh](https://endata.com/companies/20052.md) (target)

## Sources

- [newagebd.net](https://www.newagebd.net/article/2051/lafarge-surma-initiates-talks-for-holcim-bangladesh-merger), 2016-11-03: "A potential combination of HBL and LSC is expected to create significant synergies as well as further position both HBL and LSCL brands for future growth in Bangladesh."
- [cemnet.com](https://www.cemnet.com/News/story/160519/lafarge-surma-cement-and-holcim-bangladesh-in-merger-talks.html), 2016-11-14: "Lafarge Surma Cement Ltd (LSC) has reportedly started talks with Lafarge Holcim Group to merge with Holcim Bangladesh Ltd (HBL)."
- [cemnet.com](https://www.cemnet.com/News/story/160712/lafarge-surma-cement-acquires-holcim-bangladesh.html), 2016-12-15: "The Board of Lafarge Surma Cement Ltd has approved the acquisition of 100 per cent shares of Holcim Bangladesh from LafargeHolcim Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.