Lafarge Africa to sell South African subsidiary to LafargeHolcim for $316 million

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Lafarge Africa Plc has reached an agreement to sell the 100 percent equity interest held by the Company in Lafarge South Africa Holdings (Pty) Limited (LSAH) to Caricement B.V. (“Caricement”), an indirect subsidiary of LafargeHolcim Limited for $316 million. This will lead to the total repayment of the Inter-Group Loans owed to LafargeHolcim by Lafarge…

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Lafarge Africa launches ready to use tile adhesive, SUPAFIX

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As part of its continuous drive for excellence in the building industry, Lafarge Africa Plc., a subsidiary of LafargeHolcim, the global leader in building materials and solutions, recently launched a ready to use tile adhesive, Supafix, into the Nigerian market.

Lafarge’s Supafix is a cementitious tile adhesive made of cement, aggregates, organic and inorganic additives, certified by the Standard Organisation of Nigeria (SON). This product is designed for placing of ceramic tiles, flooring and walling applications, as indoor coating solutions.

The introduction of Supafix into the Nigerian market is in line with Lafarge’s Strategy 2022, Building for Growth, which aims to drive profitable growth and simplify the business to deliver resilient returns and attractive value to stakeholders.

Speaking at the launch in Lagos, Head of Mortar, Lafarge Africa, Jumoke Adegunle, acknowledged that the new product’s introduction into the Nigerian market is in response to customer needs and global construction trends in the craft of tiling.

She further stated: “We launched Supafix because we have a unique understanding of our customers’ needs. With our access to best in class, innovative solutions from across the LafargeHolcim group worldwide, we were able to identify and introduce the right tiling adhesive that will satisfy the needs of our local customers.”

“For 60 years, Lafarge Africa has been at the forefront of technological advancement in the Nigerian construction sector. Our global presence and Research Centre in Lyon, France allows us to share best practices and create innovative solutions that deliver more to our customers. The new Supafix tile adhesive is one of such solutions” she concluded.

Beyond its value of reinforcing buildings, quality tiling enhances the aesthetics in any construction project at no additional cost.  Supafix is the ultimate tiler’s choice because it is fast and easy to use. … Read More...