# Lafarge and Elementia form joint venture for cement assets in Mexico

Lafarge and Elementia agreed to combine their cement assets in Mexico into a joint venture. Lafarge contributes its Vito and Tula plants (1M tonnes capacity), Elementia contributes a new 1M tonne plant under construction. Lafarge will hold 47% and Elementia 53%.

- Type: Acquisition
- Announced: 2022-02-07
- Where: Mexico, Mexico
- Status: announced
- Capacity: 2 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lafarge S.A.](https://endata.com/companies/15776.md)
- [Elementia](https://endata.com/companies/20375.md) (partner)

## Sources

- [holcim.com](https://www.holcim.com/media/media-releases/lafarge-announces-creation-a-joint-venture-elementia-combine-their-cement-assets-mexico), 2022-02-07: "Lafarge announces it has reached an agreement with Elementia to combine their cement assets in Mexico."

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