HeidelbergCement sees no negative effects from Holcim-Lafarge merger

Image
Reuters BERLIN/STUTTGART
Last Updated : Jun 10 2015 | 10:48 PM IST

BERLIN/STUTTGART (Reuters) - Germany's HeidelbergCement sees no negative effects on its business from the merger between rivals Holcim and Lafarge, Chief Executive Bernd Scheifele said.

"Where we make our money ... the impact on country level is really minor," Scheifele told investors on Wednesday during a presentation in London.

Separately, the CEO said HeidelbergCement was taking part in the sale process of Holcim-Lafarge activities in India.

(Reporting by Ilona Wissenbach; Writing by Andreas Cremer; Editing by David Holmes)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 10 2015 | 10:37 PM IST

Next Story