By Gwurld4026 
Holcim Divests Major Share in Lafarge Nigeria: A New Chapter with Chinese Firm
Holcim is exiting Nigeria after selling its 83% stake in Lafarge to a Chinese firm, Zhongtai International Holdings Limited.
This move marks the conclusion of a long-term strategy that sees Holcim reducing its footprint in certain regions as part of its global restructuring efforts.
The deal follows Holcim’s broader divestment strategy post its merger with Lafarge, aimed at focusing more on markets with higher growth potential.
Lafarge Africa, which operates in Nigeria, will continue to be a major player in the country’s cement market despite this transition.
The sale is expected to have long-term implications on the local construction industry, but the company is still seen as an essential part of Nigeria’s building materials sector.