LafargeHolcim Maroc
Top 100 Companies in the Middle East 2021

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.