Eurocement increases stake in Holcim

Eurocement increases stake in Holcim
Published: 19 September 2011

Eurocement Holding AG, Zurich, has increased its stake in Holcim AG on the open market and disclosed its shareholding of 10.117% on September 16th to the company. In September 2008 Eurocement had acquired a stake of about 6.25% in the company.

"Taking into account the company’s industrial know-how and on the basis of our knowledge of the industry," says Thierry Sauvaire, CEO of Eurocement Holding AG, "we set on the company’s future prospects. As a proven long-term investor we will continue to support the company’s strategy to reach its goals".