CRH acquires Lafarge's and Holcim's Assets in Brazil

Demarest has advised CRH plc in the acquistion of certain assets from Lafarge and Holcim in Brazil, involving an overall amount of EUR 6.5bn.

CRH plc (“CRH”) announced that it has entered into a binding commitment to acquire certain assets from Lafarge S.A. (“Lafarge”) and Holcim Ltd (“Holcim”) for an enterprise value of EUR 6.5bn. The acquisition takes place in the context of the planned merger of Holcim and Lafarge. The worldwide lead legal adviser to CRH plc. was Arthur Cox, Ireland. Completion is expected for mid-2015.

Holcim and Lafarge are disposing assets in France, Germany, Hungary, Romania, Serbia, Slovakia, the United Kingdom, Canada, the United States, the Philippines and Brazil.  Demarest Advogados advised on the Brazilian part of the acquisition. 

CRH manufactures and distributes a diverse range of products servicing the breadth of construction needs. CRH is a leading international player in its industry, with operations in 34 countries worldwide. It is the largest building materials company in North America, a regional leader in Europe and has a growing presence in the Asian economies of India and China.

Lead partner from Demarest: Paulo Rocha (M&A)

All the Demarest's lawyers involved:

Gonçalo Godinho (partner M&A), Fábio Tayar and Marcelo Peloso (M&A), Paola Pugliese and Milena Mundi (antitrust partners), Marina Maccabelli (real estate partner).

Other law firms involved:

Lafarge: Cleary Gottlieb and Pinheiro Neto

Holcim: Freshfields and Tozzini.