SR.No: 73
LafargeHolcim Maroc
Sector: Industrials
Date of Establishment: 2015
Country: Morocco
CEO: George Michos
Sales: $790 million
Profits: $169 million
Assets: $2.3 billion
Market Value: $4.6 billion
LafargeHolcim Maroc was formed in 2015 by the $1 billion merger of Lafarge Ciments and Holcim Maroc. Today, it is the biggest listed industrial company in Morocco in terms of market cap and the country’s largest building materials manufacturer. The company helped construct the Noor Ouarzazate Solar Complex, which is the largest concentrated solar power plant in the world. LafargeHolcim Maroc expects its new plant, located southwest of Agadir, to be operational in summer 2021 with initial investments of $300 million.