Holcim Announces Exit from Nigeria After 65 Years, Focuses on High-Growth Markets
Swiss building materials giant Holcim is set to withdraw from Nigeria after 65 years, citing a strategic shift toward high-growth regions and sustainable solutions. The company plans to sell its 83.8% stake in Lafarge Africa Plc to China’s Huaxin Cement in a deal valued at $1 billion. In a statement, Holcim confirmed the agreement with…