Holcim Group Services Ltd
/ Key word(s): Acquisition
Holcim has closed three bolt-on acquisitions in Europe, expanding its Solutions & Products portfolio for green growth. In Spain, Holcim has acquired a majority stake in Artepref S.A., a fast-growing leader in innovative precast concrete solutions. In Greece, Holcim has bought W.A.T.T. Recycling, a leading waste management company that produces alternative fuels. In the UK, Holcim has entered the advanced mortar solutions market through its acquisition of Eco-Readymix Ltd. All three value-accretive acquisitions contribute to Holcim’s objective of expanding Solutions & Products to at least 30% of Net Sales by 2025, while leading in decarbonization as a driver of profitable growth. Miljan Gutovic, Region Head Europe: “We are off to a strong start in 2024 with three strategic acquisitions. Fully in line with our strategy, they expand our range of innovative and sustainable solutions in high-growth markets. I warmly welcome employees of all three companies into the Holcim family to open our next chapter of green growth together.” Arterpref is a leader in innovative precast concrete structural systems for industrial, commercial and logistics applications. Through its acquisition of a majority stake, Holcim is entering the fast-growing, industrialized construction market in Spain. Artepref’s smart design systems will add to Holcim’s broad range of advanced low-carbon and circular solutions to build better with less. W.A.T.T. Recycling is one of the fastest growing companies in Greece’s waste-to-energy sector, offering a range of solutions to recover paper, plastics, metals, while also producing alternative fuels. Its two state-of-the-art material recovery facilities near Athens have a processing capacity of over 150,000 tons of municipal waste annually. Eco-Readymix is a leader in advanced mortar solutions and concrete in northwest England, with two operational sites and one due to open. It offers a range of mortars along with ready mix concrete, liquid and traditional screed, concrete masonry blocks and aggregates. A leader in sustainability, its Wrexham site is almost entirely powered by renewable energy, from biomass to wind and solar. About Holcim Learn more about Holcim on www.holcim.com, and by following us on LinkedIn. Sign up for Holcim's Building Progress newsletter here and follow our journey to a net-zero future. Important disclaimer – forward-looking statements:
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1813647 12.01.2024 CET/CEST
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