Details of the Lafarge Holcim merger have been announced, expected to complete H1 2015 "subject to obtaining regulatory approvals". To satisfy such approvals? A "strategic optimization of portfolio while anticipating regulatory requirements through divestments: 10% to 15% of the global Ebitda".
Straitgate Farm near Ottery St Mary in Devon was bought in 1965 in the hope it would yield 20 million tonnes of sand & gravel. Straitgate Action Group was formed in 2001 to oppose a quarry due to concerns over water supplies, ancient woodlands, protected species, road safety and more. After finally gaining permission for just 1 million tonnes on appeal, Holcim UK – formerly Aggregate Industries – abandoned its plans in 2025. This blog records the long path to victory.