LafargeHolcim completes two further bolt-on acquisitions
04 Février 2019 - 07:00AM
Business Wire
- Transit Mix Concrete in Colorado,
USA
- Alfons Greten Betonwerk in
Germany
Regulatory News:
On February 1, 2019, LafargeHolcim acquired Transit Mix Concrete
Co., a leading supplier of building materials in Colorado and
subsidiary of Continental Materials Corporation. The acquisition
will strengthen LafargeHolcim’s position in a dynamic and growing
building materials market of the United States. As part of the
transaction, LafargeHolcim takes ownership of Transit’s seven
ready-mix concrete plants and a sand quarry. Transit Mix has more
than 180 employees.
In January 2019, LafargeHolcim acquired the precast and
ready-mix concrete businesses of Alfons Greten Betonwerk in
Northern Germany. Greten operates one precast and one ready-mix
concrete plant in the state of Lower Saxony. The acquisition is
highly complementary to LafargeHolcim’s existing portfolio and will
strengthen its existing Solutions and Products segment in the
region. Greten employs around 100 people.
Jan Jenisch, CEO: “In line with our Strategy 2022 – ‘Building
for Growth’, these acquisitions will generate synergies with
LafargeHolcim’s existing operations. With these further bolt-on
acquisitions we are delivering on our commitment to accelerate
growth in the Ready-Mix Concrete and Aggregates segments. I am
pleased to welcome all new employees to LafargeHolcim.”
About LafargeHolcim
LafargeHolcim is the global leader in building materials and
solutions and operates four businesses segments: Cement,
Aggregates, Ready-Mix Concrete and Solutions & Products, which
includes precast concrete, asphalt, mortar and building solutions.
With its broad portfolio LafargeHolcim solves the toughest
challenges masons, builders, architects and engineers are faced
with, from urbanization to population growth and the demand for
affordable housing. Headquartered in Switzerland, LafargeHolcim
holds leading positions in all regions across the globe. It employs
approximately 80,000 employees in around 80 countries and has a
portfolio that is equally balanced between developing and mature
markets. LafargeHolcim is listed on the SIX Swiss Exchange and on
Euronext Paris, and is a member of the Dow Jones Sustainability
Indices (DJSI) European Index.
More information is available on www.lafargeholcim.comFollow us
on Twitter @LafargeHolcim
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