Lafarge sells its cement operations in Honduras
Lafarge announces the sale of its cement operations in Honduras to Cementos Argos for a value of € 232 million (total enterprise value € 435 million). This enterprise value represents a 2012 EBITDA multiple of 8.6. Lafarge owns 53.3 % of its Honduran subsidiary (Lafarge Cementos SA de CV). Sold assets comprise an integrated cement plant with a capacity of 1 million t and a grinding station with a 0.3 million t capacity. The transaction is subject to relevant regulatory approvals.
