# Lafarge Surma Cement to acquire Holcim Cement Bangladesh for $117M

Lafarge Surma Cement (now LafargeHolcim Bangladesh) signed a share purchase agreement to acquire 100% of Holcim Cement Bangladesh from Holderfin BV for $117 million. The company has sought Bangladesh Bank approval to remit the funds.

- Type: Acquisition
- Announced: 2017-08-08
- Where: Bangladesh
- Value: $117.0M
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lafarge Surma Cement Limited](https://endata.com/companies/19904.md) (acquirer)
- [Holcim Cement (Bangladesh)](https://endata.com/companies/19906.md) (target)
- [Holderfin BV](https://endata.com/companies/26120.md) (partner)

## Sources

- [thedailystar.net](https://www.thedailystar.net/business/lafarge-wants-remit-tk-950cr-buy-holcim-shares-1445686), 2017-08-08: "Lafarge Surma Cement wants to remit $117 million (about Tk 950 crore) to the Netherlands to complete the process of buying its shares in Holcim Cement Bangladesh."

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