Holcim-Lafarge leftovers will entice bidders

|By:, SA News Editor

Once Holcim (HCMLF, HCMLY) and Lafarge (LFGEF, LFRGY) start shedding assets across the world to complete their $40B merger and satisfy antitrust regulators, cement producers from Europe to the U.S. are likely to start lining up with offers.

Bloomberg says likely bidders for North American cement plants may include Europe’s HeidelbergCement (HDELY) and Titan Cement (TITCF), as well as Mexico’s Cemex (CX) and Ireland's CRH; for businesses in cement aggregates - crushed rock, gravel and sand - potential buyers are Vulcan Materials (VMC) and Martin Marietta Materials (MLM), as well as P-E firms.

These are prime assets that don’t come up for sale often, so almost everyone in the industry will take a look, a Cantor Fitzgerald analyst says.