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Lafarge Buys Indian Concrete Plants


In line with its strategy to develop its aggregates and concrete business in emerging markets, Lafarge recently acquired L&T Concrete, thus adding 66

In line with its strategy to develop its aggregates and concrete business in emerging markets, Lafarge recently acquired L&T Concrete, thus adding 66 concrete plants located across India, in key markets such as Delhi, Kolkata, Mumbai and Bangalore. With this acquisition, Lafarge believes it has established itself as a leader in the Indian ready-mix-concrete market. If so, the timing is right. The Indian construction market is growing to meet demand for new housing and infrastructure, the company reports. Lafarge CEO Bruno Lafont: ìLafarge was the first in its industry to move into aggregates and concrete in a significant way, over 10 years ago, and to develop a unique expertise in creating value in the concrete business. With this acquisition, we are taking a pioneering step in the emerging Indian market.î