holcim

Family Business Roundup: Holcim and Lafarge, FCC, and Toyota

May 8, 2015

Holcim and Lafarge sell assets to win US backing; Esther Koplowitz secures stake in FCC; and Toyota posts record profit

Holcim and Lafarge sell assets to win US backing

Swiss family-owned cement maker Holcim and French counterpart Lafarage have agreed to sell several plants and terminals in the US and Canada, setting the stage for their impending merger.

The sale of assets in the US and Canada will help the two firms win regulatory approval for the $46 billion merger, which will create the largest cement manufacturer in the world.

Family Business Roundup: Blue Bell, Dassault Aviation, Holcim, and VW

April 30, 2015

Blue Bell Creameries recall all products due to listeria; Dassault Aviation secures $7.1 billion deal; and Holcim profit up after stake sale

Blue Bell Creameries recall all products due to listeria

Texas-based ice cream maker Blue Bell Creameries, operated by the Kruse family, recalled all of its products this week after a potentially fatal foodborne illness was discovered in its products.

The move is the most recent in a string of recall announcements by the 108-year-old company, which has been linked to an outbreak of listeria. Experts believe their ice cream may have caused three deaths since 2010.

Family Business Roundup: Dassault, Central Group, Holcim and Lafarage

March 13, 2015

Dassault Aviation posts 2014 profit drop; Thailand’s Central Group to invest $1.14 billion in SE Asia; Holcim and Lafarage to renegotiate merger terms

Family Business Roundup: Dassault, Central Group, Holcim and Lafarage

Dassault Aviation posts 2014 profit drop

French aerospace company Dassault Aviation, owned by the eponymous family, has reported a 38% drop in its net profit for 2014.

According to a statement released yesterday, net profit for the year slipped to €282 million ($299 million) from €459 million in 2013, while net sales fell to €3.68 billion from €4.59 billion.