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Revision as of 09:14, 6 October 2006
- For the New York City architectural firm, see Heins & LaFarge
Lafarge (Euronext: LG, NYSE: LR) is a French industrial company specializing in five major products: Cement, construction aggregates, concrete, gypsum wallboard, and roofing tile.
Lafarge was founded in 1833 by Joseph-Auguste Pavin de Lafarge as an industrial lime producing operation, from which it quickly expanded into France's largest cement company, signing its first international contract for the delivery of 110,000 tonnes of lime to the Suez Canal construction project in 1864.
In 2001 Lafarge acquired Blue Circle Industries (BCI), its major concrete manufacturing competitor.
In 2006 Lafarge North America shareholders accepted a $3 billion tender offer from Lafarge Group which gave the parent company full control over the North American business, removing LNA from the New York Stock Exchange. Previously the Group had owned 53% of LNA shares.
Currently, Lafarge is the largest cement manufacturing company in the world, employing over 80,000 workers, and is located in seventy-six countries. Lafarge's concrete business also includes specialty products such as concrete that is translucent to light, and tensile concrete known as Ductal that does not require steel reinforcements.
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