# LafargeHolcim to sell Holcim Lanka to Siam City Cement for $400M

LafargeHolcim signed an agreement to sell its interest in Holcim Lanka to Siam City Cement for an enterprise value of $400 million. Holcim Lanka operates an integrated plant and a grinding plant in Sri Lanka.

- Type: Acquisition
- Announced: 2017-01-31
- Where: Sri Lanka
- Value: $400.0M
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LafargeHolcim Group](https://endata.com/companies/19905.md)
- [Siam City Cement](https://endata.com/companies/21815.md) (acquirer)

## Sources

- [indiancementreview.com](https://indiancementreview.com/2017/01/lafargeholcim-to-sell-off-holcim-lanka/), 2017-01-31: "LafargeHolcim has announced that it has signed an agreement with Siam City Cement Public Company Limited for the divestment of its interest in Holcim Lanka for an enterprise value of $400 million."

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