The Holcim Lafarge combination agreement is a landmark deal in the construction industry that brings together two of the biggest companies in the world to create one powerhouse. The merger, which was agreed upon in April 2014, aims to create the world`s largest cement company with operations in 90 countries and a workforce of 136,000 employees.

The combination agreement between Holcim and Lafarge involves a share exchange whereby Lafarge shareholders will receive nine Holcim shares for every ten Lafarge shares they own. This will lead to Holcim owning 53% of the merged entity, while Lafarge will own 47%. The deal is expected to be completed in the first half of 2015, subject to regulatory approvals.

The combined company will be named LafargeHolcim and will have a market capitalization of approximately $47 billion. The CEO of Lafarge, Bruno Lafont, will become the CEO of LafargeHolcim, while the Chairman of Holcim, Wolfgang Reitzle, will become the Chairman of the Board of the newly merged entity.

The Holcim Lafarge combination agreement is expected to lead to significant cost savings of approximately $1.4 billion per year, which will be achieved through the optimization of procurement, logistics, and other areas. The combined company will also benefit from a more diversified geographical and product portfolio, which will allow it to better serve its customers.

The merger is also expected to lead to a reduction in carbon dioxide emissions, as both Holcim and Lafarge are committed to sustainability and reducing their environmental footprint. The combined company will have a strong focus on sustainable development and will be better positioned to invest in innovative technologies and solutions to reduce its carbon footprint.

The Holcim Lafarge combination agreement has been met with enthusiasm from investors, who see the value in creating a stronger and more competitive company in the construction industry. The deal is also expected to lead to more consolidation in the sector, as other companies look to compete with the newly merged entity.

In conclusion, the Holcim Lafarge combination agreement is a significant development in the construction industry and has the potential to shape the future of the sector. The merger will create a global leader in cement and construction materials, with a strong focus on sustainability and reducing its environmental impact. The deal is expected to lead to significant cost savings and synergies, and will provide a more diversified product portfolio to better serve customers around the world.