Vicat group: Sale of Creabeton Matériaux SA in Switzerland
18 Mai 2021 - 9:18AM
Business Wire
Regulatory News:
The Vicat group (Euronext Paris: FR0000031775 - VCT)
(Paris:VCT), announces that its Swiss subsidiary Vigier Holding SA
has concluded the sale of Creabeton Matériaux SA to the Müller
Steinag Holding group, based in Switzerland.
Creabeton Matériaux SA, specializing in the prefabrication of
concrete products, with a workforce of nearly 380 employees,
achieved a turnover of 91 million Swiss francs in 2020. Vigier
Holding SA retains its Rail activity, with critical size in this
specific sector.
With this acquisition, the Müller Steinag Holding group,
co-owner of the Creabeton brand since 2002, will be able to
strengthen its positions in prefabrication, at the heart of its
activity, and to access new markets. Creabeton Matériaux SA will,
for its part, be able to rely on a leader with critical mass in a
highly competitive sector and have the necessary means to
successfully pursue its development.
This sale operation remains subject to certain conditions
precedent. It should be finalized at the end of the first half of
2021.
Next report:
First-half 2021 sales on 29 July 2021 after the market
close.
About Vicat
The Vicat Group has over 9,000 employees working in three core
divisions, Cement, Concrete & Aggregates and Other Products
& Services, which generated consolidated sales of €2.805
billion in 2020. The Group operates in twelve countries: France,
Switzerland, Italy, the United States, Turkey, Egypt, Senegal,
Mali, Mauritania, Kazakhstan, India and Brazil. Some 64% of its
sales are generated outside France.
The Vicat Group is the heir to a family industrial tradition
dating back to 1817, when Louis Vicat invented artificial cement.
Founded in 1853, the Vicat Group now operates three core lines of
business: Cement, Ready-Mixed Concrete and Aggregates, as well as
related activities.
About the Louis Vicat Foundation
Created in 2017 on the occasion of the bicentenary of the
invention of artificial cement, the Foundation's objectives are:
the promotion of scientific and technical culture, the preservation
and enhancement of heritage, education and solidarity. To this end,
in 2020 the Foundation carried out a series of inclusive actions
for the benefit of people with disabilities and those far from
employment. The year 2021 will be the Year of Women.
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Investor relations Stéphane Bisseuil Tel.: +33 1 58 86 86
05 stephane.bisseuil@vicat.fr
Press Marie-Raphaëlle Robinne Tel.: +33 (0) 4 74 27 58 04
marie-raphaelle.robinne@vicat.fr
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