LafargeHolcim Proposes Reducing Company Name To Holcim

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LafargeHolcim Successfully Closes Firestone Building Products Acquisition-Brand Spur Nigeria
LafargeHolcim Successfully Closes Firestone Building Products Acquisition-Brand Spur Nigeria

The world’s largest cement maker, LafargeHolcim is proposing to simplify its name to Holcim Limited, reverting to the name of the dominant partner in the 2015 merger that formed the company.

This was made know in the LafargeHolcim’s agenda for the 2021 Annual General Meeting. The LafargeHolcim Annual General Meeting (AGM) will take place on May 4, 2021, at 10 am CEST. Due to the ongoing exceptional circumstances of the COVID-19 pandemic, the personal attendance of shareholders on-site will unfortunately not be possible.

At this year’s Annual General Meeting (AGM), shareholders will be asked to vote on changing the Group company name from LafargeHolcim Ltd to Holcim Ltd. As the company transforms to become the global leader in innovative and sustainable building solutions, the Board of Directors recommends simplifying its name for efficiency and impact, while building on the Group’s legacy.

LafargeHolcim Successfully Closes Firestone Building Products Acquisition-Brand Spur Nigeria
LafargeHolcim Successfully Closes Firestone Building Products Acquisition-Brand Spur Nigeria

This name change concerns only the Group company name. All market brands will remain in existence, as the drivers of the company’s market success, building value and trust for its customers and partners around the world.

LafargeHolcim has also proposed Olsen’s successor Jan Jenisch as a member of the board of directors in addition to his CEO role, an unusual move for a Swiss company where executives do not usually sit on supervisory boards.