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SKODA Marketcap, Net Worth, Revenue, Competitors 2026

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CHF 26.4B 2024 Revenue (Holcim)
$49.24B Market Cap (2025)
65,000 Employees Worldwide
70+ Countries of Operation
1833 Year Founded

Lafarge SA was a French industrial company that specialized in cement, construction aggregates, and concrete production. Joseph-Auguste Pavin de Lafarge founded the company in 1833 to exploit limestone quarries in Le Teil, France.

The company grew into one of the world’s largest building materials manufacturers. Lafarge operated cement plants, aggregate quarries, and concrete facilities across multiple continents before merging with Holcim in 2015.

Today, the combined entity operates as Holcim Group, headquartered in Switzerland. The merger created the global leader in cement production with manufacturing capacity exceeding 427 million tonnes annually.

Lafarge History

1833
Joseph-Auguste Pavin de Lafarge founded the company in Le Teil, Ardèche, to extract limestone from Mont Saint-Victor quarry.
1864
Lafarge signed its first major international contract to deliver 110,000 tonnes of lime for the Suez Canal construction project.
1980
Lafarge merged with Belgian company Coppée to form SA Lafarge Coppée, expanding its product portfolio.
1997
Lafarge acquired Redland plc, a leading British quarry operator, expanding its aggregates business across Europe.
1999
Lafarge entered India by acquiring Tata Steel’s cement activity, establishing a presence in Asia’s growing market.
2001
Lafarge acquired Blue Circle Industries to become the world’s largest cement manufacturer.
2007
Lafarge purchased Orascom Cement Group, gaining operations across Africa and the Middle East.
2008
Lafarge acquired Larsen and Toubro’s Ready Mix Concrete business in India for $349 million.
2014
Lafarge and Holcim announced a merger agreement to create the world’s largest building materials company.
2015
The merger completed on July 10, creating LafargeHolcim with headquarters in Switzerland.

Lafarge Co-founders

Joseph-Auguste Pavin de Lafarge
Founded Lafarge in 1833 to extract and process limestone from quarries near Le Teil. He recognized the commercial potential of the region’s highly hydraulic lime deposits.
Léon Pavin de Lafarge
Succeeded his father and expanded the business during the mid-1800s. He secured the landmark Suez Canal contract that established Lafarge’s international reputation.

Lafarge Revenue

Holcim Group generated CHF 26.4 billion in net sales during 2024. The company achieved record operating profit exceeding CHF 5 billion for the first time in its history. North America emerged as the largest revenue contributor.

Annual Revenue (2015-2024) in Billion USD
$26B
2015
$27B
2016
$27B
2017
$28B
2018
$27B
2019
$24B
2020
$29B
2021
$31B
2022
$30B
2023
$30B
2024

Lafarge Competitors

Lafarge competed with major cement and building materials producers across global markets. The industry features several multinational corporations with operations spanning multiple continents and product categories.

Company Headquarters Primary Products
HeidelbergCement Germany Cement, Aggregates
CEMEX Mexico Cement, Ready-Mix Concrete
CRH plc Ireland Building Materials
Anhui Conch Cement China Cement, Clinker
UltraTech Cement India Cement, White Cement
Saint-Gobain France Construction Materials
Buzzi Unicem Italy Cement, Ready-Mix
Votorantim Cimentos Brazil Cement, Aggregates
China National Building Material China Cement, Glass Fiber
Dangote Cement Nigeria Cement

Lafarge Acquisitions

Lafarge built its global presence through strategic acquisitions spanning more than a century. The company targeted cement plants and aggregate operations in high-growth markets across multiple continents.

The 1997 acquisition of Redland plc marked a turning point in Lafarge’s expansion strategy. This British quarry operator gave Lafarge a strong foothold in European aggregates markets. Two years later, Lafarge entered India by purchasing Tata Steel’s cement business, followed by the Raymond Cement facility in 2001.

The Blue Circle Industries acquisition in 2001 transformed Lafarge into the world’s largest cement producer. Blue Circle ranked as the sixth largest cement manufacturer globally at that time. The deal consolidated Lafarge’s position across key markets in Europe, Asia, and the Americas.

In 2006, Lafarge gained full control of its North American operations through a $3 billion tender offer. The following year, the company purchased Orascom Cement Group from Orascom Construction Industries. This Egyptian-based producer operated plants across Africa and the Middle East.

Lafarge continued expanding in Asia with the 2008 acquisition of Larsen and Toubro’s ready-mix concrete business in India. The company also formed joint ventures with Anglo American in the United Kingdom and invested in plants across Hungary, Syria, and Nigeria.

The most significant deal came in 2015 when Lafarge merged with Holcim in a transaction valued at approximately $44 billion. The combined company became the undisputed global leader in building materials with operations in over 70 countries.

Lafarge Market Cap

Holcim Group carries a market capitalization of approximately $49.24 billion as of late 2025. The company ranks among the 500 most valuable public companies worldwide. Stock trades on the SIX Swiss Exchange under ticker symbol HOLN.

Market Capitalization (2015-2025) in Billion USD
$35B
2015
$32B
2016
$38B
2017
$30B
2018
$33B
2019
$32B
2020
$36B
2021
$38B
2022
$42B
2023
$46B
2024
$49B
2025

FAQs

Who founded Lafarge?

Joseph-Auguste Pavin de Lafarge founded the company in 1833 in Le Teil, France, to exploit limestone quarries in the Mont Saint-Victor region.

What happened to Lafarge?

Lafarge merged with Swiss company Holcim on July 10, 2015, creating LafargeHolcim. The combined entity rebranded to Holcim in 2021.

What products did Lafarge manufacture?

Lafarge produced cement, ready-mix concrete, aggregates, gypsum products, and construction solutions for infrastructure, housing, and commercial projects worldwide.

Where is Holcim headquartered?

Holcim Group is headquartered in Zug, Switzerland. The company operates manufacturing facilities and offices in over 70 countries across all continents.

How many employees does Holcim have?

Holcim employs approximately 65,000 people worldwide as of 2024. The workforce operates cement plants, aggregate quarries, and concrete production facilities globally.

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