# LafargeHolcim to sell Lafarge India to Nirma for $1.4B

LafargeHolcim has entered into a letter agreement to sell its Indian operations, Lafarge India, to Indian conglomerate Nirma for $1.4 billion, including debt. The deal includes three cement plants and two processing facilities, and is subject to approval by India's competition commission.

- Type: Acquisition
- Announced: 2017-08-02
- Where: India
- Value: $1.40B
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [LafargeHolcim Group](https://endata.com/companies/19905.md) (partner)
- [Nirma Group](https://endata.com/companies/20598.md) (acquirer)
- [Lafarge India](https://endata.com/companies/20599.md) (target)

## Sources

- [bdcmagazine.com](https://bdcmagazine.com/2017/08/lafargeholcim-to-offload-indian-unit/), 2017-08-02: "LafargeHolcim, the Franco-Swiss cement group created by a €41bn merger last year, is to sell off some of its Indian operations in a deal worth $1.4bn."

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