HeidelbergCement creates board role for Hanson buy

HeidelbergCement creates board role for Hanson buy
13 July 2007

HeidelbergCement plans to appoint a new board member to oversee the integration of Hanson, which it is buying for UK£8bn ($16bn).  
Dominik von Achten, 41, a managing director at the  Boston Consulting Group, will take on the role from October 2007,  HeidelbergCement said on Thursday.  
Heidelberg’s purchase of Hanson is set to create the world’s second-largest company in construction materials and will be the biggest takeover in the sector. 
Von Achten has previously been involved in reorganising sales and purchasing activities at HeidelbergCement and the firm said his experience qualified him well for the task.  
The appointment is to be recommended to Heidelberg’s supervisory board, along with that of Albert Scheuer, 50, who will assume the role of executive vice president at Lehigh Cement Company in the United States as of August 2007.  
Published under Cement News