News

Cemex agrees to acquire Kiesel, a mortars and adhesives producer with more than 60 years of experience in the construction materials industry.

Holcim completed the acquisition of the Cooper Standard Technical Rubber GmbH (CSTR), a leading manufacturer of highly durable and technical rubber products, which are used for roofing systems. Located in Mannheim, Germany, CSTR offers an innovative R&D department, state-of-the art production facility as well as an experienced team of 130 employees, who will fuel further growth of Holcim’s roofing business across Europe.

On the occasion of the Ulm Concrete Days (June 20th to 22nd, 2023), Dyckerhoff presented the newly developed CO2-reduced cement Dyckerhoff Weiss BLUE STAR.

The EU Innovation Fund, one of the world’s largest funding programmes for innovative low-carbon technologies, has selected Heidelberg Materials’ pioneering GeZero Carbon Capture and Storage (CCS) project for Grant Agreement Preparation.

Heidelberg Materials celebrates its 150th company anniversary this year. On 20 June, a ceremony under the motto “150 years of progress” was held with guests and employees at the headquarters in Heidelberg.

Heidelberg Materials is continuing its progressive dividend policy: The Managing Board and Supervisory Board will propose to the Annual General Meeting, which will be held on 11 May, to distribute a dividend of €2.60 per share for the 2022 financial year. Subject to the approval of the shareholders, this corresponds to an increase of 8% compared to the previous year’s dividend of €2.40 per share. Based on the HeidelbergCement AG share price as at 31 December 2022, the dividend yield is 4.9%.

Heidelberg Materials acquires SER Group, a leading integrated company in the demolition and construction materials recycling business, based in Heilbronn, Southern Germany. With an annual revenue of around €50 million and three modern recycling sites, SER Group is the market leader in the greater Heilbronn area and employs more than 220 people. The acquisition comes shortly after the take-over of Berlin-based RWG Holding GmbH in November 2022 and highlights Heidelberg Materials’ focus on enhancing its circular economy activities.