ISIN:CH0012214059

Holcim to acquire Tensolite

Retrieved on:

Wednesday, April 10, 2024

Holcim has signed an agreement to acquire Tensolite, a leading manufacturer of innovative precast and pre-stressed concrete construction systems with $22 million of net sales in 2023 and a strong presence in fast-growing Latin American markets.

Key Points:

Holcim has signed an agreement to acquire Tensolite, a leading manufacturer of innovative precast and pre-stressed concrete construction systems with $22 million of net sales in 2023 and a strong presence in fast-growing Latin American markets.
With plants and a distribution network across Argentina, Paraguay and Uruguay, Tensolite will expand Holcim’s Solutions & Products portfolio and strengthen its geographical footprint.
Oliver Osswald, Region Head Latin America, said: “By acquiring Tensolite, we are further expanding our Solutions & Products portfolio in Latin America and globally.
I am excited to further grow Tensolite and to welcome all 155 employees to the Holcim family.”
Tensolite was founded in 1979 and specializes in concrete construction systems from joists and roof tiles, to customized products for large civil works, from bridge beams and precast to grandstands and walkways.

Holcim launches share buyback program of CHF 1 billion

Retrieved on:

Wednesday, April 10, 2024

Holcim, CHF, Annual, Share repurchase, Documentation, Valor, SIX Swiss Exchange

On 18 March 2024, Holcim will launch its previously announced share buyback program for a total amount of CHF 1 billion until year-end 2024, with the share cancellation to be approved at the Annual General Meeting in 2025.

Key Points:

On 18 March 2024, Holcim will launch its previously announced share buyback program for a total amount of CHF 1 billion until year-end 2024, with the share cancellation to be approved at the Annual General Meeting in 2025.
The share buyback will be funded from available cash on the balance sheet.
The share buyback program will be executed on a second trading line on SIX Swiss Exchange (Valor: 133 483 246, ISIN: CH133 483 246 1).
Concurrently with this press release, Holcim has published the details of the program in a buyback notice.

Holcim acquires ZinCo to advance green roofing systems

Retrieved on:

Wednesday, February 7, 2024

Biodiversity, Photozincography, High Line, City, Line, Acquisition, Stavros Niarchos Foundation

Holcim has acquired ZinCo, a leader in advanced green roofing systems based in Germany with global operations across Europe, Asia and the Americas.

Key Points:

Holcim has acquired ZinCo, a leader in advanced green roofing systems based in Germany with global operations across Europe, Asia and the Americas.
With its integrated green and solar roofing systems Zinco is expanding Holcim’s specification selling approach.
Jamie Gentoso, Global Head, Solutions & Products: “I’m delighted to welcome ZinCo into the Holcim family to advance our range of sustainable roofing systems and bring more nature into cities.
ZinCo is recognized as a leader in advanced green roofing systems with a well-established network across the value chain, from architects and developers to distributors and contractors.

Holcim partners with Greentown Labs to accelerate climate tech for sustainable building

Retrieved on:

Tuesday, January 30, 2024

Partnership, Knowledge, Electronics, Ecosystem, Built environment, Environment, Software, Incubator

Holcim is entering a partnership with Greentown Labs , the largest incubator of climate tech startups in North America, to accelerate open innovation for the decarbonization of the built environment.

Key Points:

Holcim is entering a partnership with Greentown Labs , the largest incubator of climate tech startups in North America, to accelerate open innovation for the decarbonization of the built environment.
and Houston, Texas, gives Holcim prime access to promising startups focused on innovative and sustainable building solutions.
Nollaig Forrest, Chief Sustainability Officer, Holcim: “With our open innovation ecosystem, we partner with hundreds of startups worldwide to accelerate the shift to sustainable building.
Greentown mobilizes climate solutions by providing climate tech startups with the resources, knowledge, connections and equipment they need to thrive.

Holcim’s ECOCycle® technology named ‘Circularity Lighthouse’ by McKinsey & World Economic Forum

Retrieved on:

Wednesday, January 17, 2024

Built environment, CO2, Built, Recycling, Lighthouse, Research, McKinsey & Company, Holcim, Lumber

Holcim recognized for innovative and scalable ECOCycle® technology, building new from old

Key Points:

Holcim recognized for innovative and scalable ECOCycle® technology, building new from old
Holcim’s ECOCycle® circular technology has been named a “Circularity Lighthouse in the Built Environment”, in a joint initiative between McKinsey & Company and the World Economic Forum announced at this year’s annual meeting in Davos.
Circularity in the built environment has the potential to reduce upfront carbon emissions by up to 75%, according to McKinsey research.
With our advanced recycling of construction demolition materials, we can already reduce by up to 40% the CO2 footprint of cement.
Building new from old, Holcim recycled nearly 7 million tons of construction demolition materials during 2022 into new building solutions.

Holcim closes three bolt-on acquisitions in Europe for green growth

Retrieved on:

Saturday, January 13, 2024

Waste management, Screed, Wind, Accounting, Plastic, Biomass, Acquisition, Recycling, Metal

Holcim has closed three bolt-on acquisitions in Europe, expanding its Solutions & Products portfolio for green growth.

Key Points:

Holcim has closed three bolt-on acquisitions in Europe, expanding its Solutions & Products portfolio for green growth.
In Spain, Holcim has acquired a majority stake in Artepref S.A., a fast-growing leader in innovative precast concrete solutions.
Miljan Gutovic, Region Head Europe: “We are off to a strong start in 2024 with three strategic acquisitions.
A leader in sustainability, its Wrexham site is almost entirely powered by renewable energy, from biomass to wind and solar.

Holcim joins Circularity Task Force at COP28

Retrieved on:

Tuesday, December 26, 2023

LGT Group, Urbanization, City, Dubai Airports Company, Heart, SMI, Force, Recycling, COP28, GameChanger, Sustainable markets, Task force, Lumber, Investcorp, Holcim

Task Force aligned to Terra Carta principles putting nature, people and planet at heart of global value creation

Key Points:

Task Force aligned to Terra Carta principles putting nature, people and planet at heart of global value creation
Holcim has become a founding member of the Sustainable Markets Initiative’s (SMI) Circularity Task Force, launched at COP28 in Dubai, to accelerate our world’s shift to a circular economy.
This task force aims to close essential material loops to advance climate action, while preserving nature’s resources and planetary boundaries.
The Circularity Task Force is aligned with the Terra Carta charter putting nature, people and planet at the heart of global value creation through real economy action.
By building cross-sector collaboration, Holcim together with the other founding members of the Circularity Task Force - Gemini Corp, Dubai Airports, Investcorp, and LGT Group - will champion tangible, scalable and sustainable circular business practices, while raising awareness about supportive regulatory frameworks.

Holcim to divest its businesses in Uganda and Tanzania

Retrieved on:

Thursday, December 21, 2023

Sarrai Group, USD, Real estate, Management, Holcim

Holcim has signed agreements to divest its businesses in Uganda and Tanzania.

Key Points:

Holcim has signed agreements to divest its businesses in Uganda and Tanzania.
It has agreed to sell Hima Cement Ltd, its local subsidiary in Uganda, to the Sarrai Group, for an enterprise value of USD 120 million.
Holcim has also agreed to sell its 65% participation in Mbeya Cement Company Ltd in Tanzania to Amsons Group for an undisclosed sum.
With the Sarrai Group and Amsons Group, we are pleased to have found strategic and trusted partners who are best positioned to develop these businesses in the long term.”

Holcim recognized for global carbon capture leadership with two awards at COP28

Retrieved on:

Thursday, December 14, 2023

Mission Innovation, European, Carbon, COP28, Mission, CCUS, Renewable energy, Holcim

Holcim has received two awards at COP28 in Dubai for its “Carbon2Business” project in Lägerdorf, Germany, in recognition of the scalability and breakthrough innovation of its carbon capture technologies.

Key Points:

Holcim has received two awards at COP28 in Dubai for its “Carbon2Business” project in Lägerdorf, Germany, in recognition of the scalability and breakthrough innovation of its carbon capture technologies.
For the second, Carbon2Business was selected as Germany’s “outstanding project” in the Mission Innovation Net-Zero Industries Awards.
Nollaig Forrest, Chief Sustainability Officer, Holcim: “It's great to close out COP28 with two awards for our Carbon2business project in Lägerdorf, Germany.
Carbon2Business is one of Holcim’s six full-scale carbon capture, utilization and storage (CCUS) projects supported by the European Union.

Decarbonization to lead profitable growth in Europe

Retrieved on:

Tuesday, December 12, 2023

Carbon, Growth, CCUS, CHF, Accounting, EBIT, Renewable energy, Cement, Holcim, EU, European

Holcim to drive profitable growth in Europe, reaching CHF 10+ billion Net Sales and CHF 1.6+ billion EBIT by 2026 with increasing EBIT margins

Key Points:

Holcim to drive profitable growth in Europe, reaching CHF 10+ billion Net Sales and CHF 1.6+ billion EBIT by 2026 with increasing EBIT margins
Largest number of EU-funded carbon capture, utilization and storage projects with high return on investment
Holcim shares its 2030 European decarbonization roadmap to drive profitable growth with increasing EBIT margins at its investor day in Switzerland.
With decarbonization as a driver of profitable growth, Region Europe will deliver above CHF 10 billion in Net Sales and CHF 1.6 billion in EBIT by 2026.
Leveraging this platform in Europe, we are turning sustainable growth into profitable growth, with our ambitious decarbonization roadmap delivering leading EBIT margins.
Making circularity a driver of profitable growth, Holcim will increase its ECOCycle® technology platform to 150 sites in Europe by 2030, to recycle 20 million tons of construction demolition materials per annum.