News

15.11.2023 13:46Holcim to divest its businesses in Uganda and Tanzania
Holcim has signed agreements to divest its businesses in Uganda and Tanzania
Region: Africa

22.08.2023 12:43Portfolio optimisation in West Africa continues: Heidelberg Materials sells business in Gambia
Heidelberg Materials completed the divestment of its business in Gambia with the sale of its cement terminal in the Gambian capital Banjul to B5 Plus.
Region: Africa

03.11.2022 10:02Heidelberg Materials closes divestment in Southern Spain
Heidelberg Materials completed the sale of its business in Southern Spain. The company sold its integrated cement plant in Malaga as well as three aggregates and eleven ready-mixed concrete sites in Andalusia to Votorantim Cimentos.
Region: Spain

16.09.2022 09:37Holcim closes India divestment
Holcim has closed the sale of its business in India to the Adani Group, comprising its full stakes in Ambuja Cement at a share price of INR 385 and in ACC at a share price of INR 2,300, resulting in cash proceeds of USD 6.4 billion for Holcim. This transaction strengthens Holcim’s balance sheet and enables the company to continue its acquisition strategy, building on recent investments of over CHF 5 billion in Solutions & Products.
Region: India

07.09.2022 13:33Holcim closes Brazil divestment
Holcim has closed the sale of its business in Brazil to CSN (Companhia Siderúrgica Nacional) for an enterprise value of USD 1.025 billion.
Region: Brazil

21.03.2022 17:44At the Ordinary Shareholders’ Meeting, Argos shared with its shareholders the best results in its history
In the framework of the Ordinary Assembly, Argos, the cement company of Grupo Argos, proposed to its shareholders a dividend of $281.2 per share, 37 % higher than in 2021, reflecting the company’s historical results in all its dimensions, the outstanding cash flow generation, the low financial leverage and the good prospects of the territories where the company conducts its operations.
Region: USA

25.01.2022 18:08Holcim divests cement business in Northern Ireland
Holcim sold its cement business in Northern Ireland to Cookstown Cement Ltd for an Enterprise Value of CHF 70 million, covering a production capacity of 450,000 tons.
Region: Ireland

