News

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