Holcim US acquires Basic Construction Company LLC
Holcim US has acquired the sand and gravel operations of Basic Construction Company LLC in New Kent County, Virginia, USA. The deal is expected to significantly expand strategic...
Acquisitions
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Holcim acquires General Beton Romania
Holcim has acquired General Beton Romania, a leading player in the Romanian ready-mix concrete (RMC) market with estimated 2022 net sales of EUR45m. The move is designed to expa...
Holcim to acquire building solutions provider Cantillana
Holcim has entered into an agreement to acquire Cantillana, a key Belgium-based specialty building solutions provider. With estimated net sales of EUR80m in 2022, Cantillana’s e...
Cement giants in the running for Sika admixture business
Holcim and HeidelbergCement are reportedly among the companies competing for Sika AG’s US admixtures business, which is believed to be valued at US$800m-1bn. Sika is selling off...
FLSmidth receives further clearance for acquisition of thyssenkrupp mining business
FLSmidth has now received regulatory clearances from the Australian, South African, Peruvian and Chilean authorities for its acquisition of thyssenkrupp's mining business. This ...
Holcim announces its Strategy 2025
Holcim has announced its “Strategy 2025 – Accelerating Green Growth” to become the global leader in innovative and sustainable building solutions, following the group’s achievem...
Vulcan Materials Co completes acquisition of US Concrete
Vulcan Materials Co has announced that it has completed its acquisition of US Concrete. Tom Hill, chairman and CEO of Vulcan Materials, said, "Today is an important milestone as...
CSN Cimento is closing in on Brazilian plant acquisition
Brazilian steelmaker CSN is in talks to acquire Cimento Elizabeth for roughly US$250m, the Valor Economico newspaper reports. CSN confirmed the negotiations, without disclosing ...
LafargeHolcim is moving back towards its roots
LafargeHolcim recently acquired Firestone Building Products as the next move in its restructured building materials portfolio. The US$3.4bn purchase is considered an acquisition...
Cemex expands ready-mix portfolio in Texas
Cemex USA is expanding its operations in Texas with the acquisition of a ready-mix business in San Antonio. Cemex acquired the ready-mix assets of Beck Readymix Concrete Co Ltd,...