French cement giant Lafarge SA (LFRGY.PK, LFGEF.PK) announced Friday that it agreed to sell Cement Plant in Ukraine to CRH plc (CRH, CRH.L) for an enterprise value of 96 million euros. This business comprises one wet process cement plant located in the Lviv region, in the western part of the country.
The transaction is expected to close before year-end. It is subject to relevant Ukrainian authorities' approval.
The company said it remains present in Ukraine through three aggregates quarries serving the Ukrainian as well as the Russian and Polish markets.
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