Holcim has closed the acquisition of the Utelite Corp, in Coalville, Utah, a leading producer of lightweight aggregates. Utelite will join Holcim’s Mountain Region, alongside operations in the Denver, Phoenix and Las Vegas metro areas.
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Holcim Tackles Measurable Biodiversity and Water Targets
Holcim announced its strategy to become “nature-positive” by restoring and preserving biodiversity and water while bringing more nature into cities. Holcim’s positive impact on biodiversity is based on transformative rehabilitation plans and measured by a science-based methodology developed in partnership with the International Union for Conservation of Nature (IUCN).
Read MoreHolcim North American Business Shows Momentum
Holcim reported net sales up 16.6% like for like and significant margin increase in all regions for the first half of the year. The North American region showed good momentum to deliver a strong margin improvement overall, with strong market demand in the United States and good recovery in Canada West. In Canada East demand was supported by key projects in Montreal…
Read MoreOldcastle Parent Closes on Lafarge, Holcim Assets
CRH has closed on a portfolio of Lafarge S.A. and Holcim Ltd. cement, concrete and aggregate production assets in 10 countries across the Americas and Europe. At a $7.2 billion enterprise value, the transaction is among the largest to date involving publicly traded, global heavy building materials companies – trailing Cemex-Rinker and HeidelbergCement-Hanson ($15 billion–$16 billion; 2007) and Lafarge-Orascom ($12…
Read MoreLafarge, Holcim Note U.S. Divestitures
April 20, 2015 – The ducks are not quite in row on the Lafarge-Holicm merger. Lafarge and Holcim gave details of asset disposals in the United States that they propose as part of their planned merger, due to close in July. Lafarge said in a joint statement that it would sell its Davenport cement plant in Iowa and seven terminals along the…
Read MoreLafarge, Holcim Salvage Merger
Europe’s two largest cement companies Holcim and Lafarge have rescued a stumbling €41 billion (Euros) merger by reconciling differences over financial terms and management that nearly caused the collapse of one of the biggest deals in recent years, London’s Financial Times reports.
Read MoreCRH Seeking Lafarge, Holcim Assets
Irish cement maker CRH is exploring a bid for all the assets rivals Lafarge and Holcim must sell to steer their mega-merger past competition watchdogs, two sources familiar with the matter told Reuters.
Read MoreRock to the Top
ROCK PRODUCTS PRESENTS THE TOP 25 CONSTRUCTION AGGREGATES PRODUCERS. Following are the top 25 aggregates producers in the United States, according to information released by the U.S. Geological Survey. This information is based upon 2012 production and does not take into consideration mergers and acquisitions that have occurred since that time. – Ed. 1. Vulcan Materials Co.1200 Urban Center DrBirmingham, AL 35242Phone:…
Read MoreHolcim, Lafarge Announce ‘Merger of Equals’
Holcim and Lafarge announced their intention to combine the two companies through a merger of equals, unanimously approved by their respective Board of Directors and fully supported by the core shareholders of both companies.
Read MoreMore Merger Mania
April 5, 2014 – The word on the street is that Holcim and Lafarge are in advanced merger discussions. In statements, the companies emphasized that no agreement had yet been reached, and that there was no guarantee of a deal. But they pointed to a “strong complementarity” and “cultural proximity” between their operations. A merger would allow the companies to cut…
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