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Seven years after its merger with Lafarge, Holcim leaves Euronext

Seven years after its merger with Lafarge, Holcim leaves Euronext.

It’s the end of a long and sometimes tumultuous stock market history. The Swiss cement manufacturer Holcim, which had concluded in 2015 a marriage “between equals” with the French Lafarge, will turn its back on the Paris Stock Exchange. The withdrawal from Euronext Paris must take place on December 30. The Holcim share will then only be traded in Zurich, on the SIX Swiss Exchange. The company explains this decision by the low volumes traded in Paris. This withdrawal will also “reduce administrative costs”. Multiple quotes “go out of fashion, they are very expensive and restrictive and, with rare exceptions, they do not bring much”, confirms an analyst.

After the merger, the new entity initially combined the names of the two companies to become LafargeHolcim. But the center of gravity has gradually shifted towards Switzerland. In May 2021, the name LafargeHolcim had been abandoned to retain only Holcim, with the aim of “refresh and…

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