Holcim is buying Besblock Ltd, a British maker of precast building materials, the Swiss cement and concrete maker said on Wednesday. Besblock, which makes sustainable building blocks using recycled aggregates and 24%...
Holcim acquires British recycling company Sivyer Logistics
Holcim has acquired Sivyer Logistics, a British company which recycles construction and demolition waste in London. Sivyer currently handles roughly 1 million tons of materials per year, using recycling and recovery...
Holcim divests business in Russia
Holcim said it would exit Russia, adding that the business there would then operate independently under a different brand. Holcim sold its Russian unit to the local management team, it added. The sale will have no...
Holcim acquires Teko Mining in Serbia
Holcim has bought Teko Mining, a Serbian-based producer of aggregates, the Swiss building materials maker said on Tuesday. Teko, which has estimated 2022 sales of 20 million euros ($20.03 million), sells 2.4 million...
Adani-Holcim deal and the legacy Vodafone tax issue
The Holcim-Adani deal could be the first high profile merger and acquisition deal that will face the test of India’s amended indirect transfer of shares regulations, especially in connection with the country’s double...
Gautam Adani’s biggest M&A: Acquires Ambuja Cement, ACC from Holcim for $10.5 bn
Billionaire businessman Gautam Adani has won Holcim’s listed cement assets in India, ACC and Ambuja for a little over $10 billion, the company announced on Sunday. Post regulatory approval for the deal, it stands to...
Holcim deal talks with Adani, JSW enter last leg
The Holcim Group, the world’s largest cement maker, has begun negotiating a detailed share purchase agreement (SPA) with two Indian contenders – the Adani Group and the JSW Group – as the near $10 billion sale of listed...
Billionaire Gautam Adani In Talks To Buy Holcim India Units: Report
Gautam Adani’s conglomerate is in advanced talks to acquire Holcim Ltd.’s businesses in India, according to people familiar with the matter. The billionaire’s Adani Group could sign an agreement to acquire a controlling...
Holcim Group Weighs Offers For Cement Biz
The board of Swiss cement maker Holcim Group is set to meet next week to decide on the sale of its Indian cement businesses—Ambuja Cements Ltd and ACC Ltd—for which Adani Group, JSW Group and UltraTech Cement are in...
JSW taps Carlyle to back bid for Holcim’s Indian cement operations
Sajjan Jindal-led JSW Group has initiated discussions with private equity (PE) firm Carlyle to join forces and back its bid for Holcim’s Indian cement operations, said people aware of the matter. Holcim Group, the...
Holcim Considers Sale Of India’s $9.6 Billion Ambuja Cements
Holcim Ltd., the world’s biggest cement maker, is considering a potential sale of businesses in India including Ambuja Cements Ltd., according to people familiar with the matter. The Swiss giant is gauging interest in...
Holcim to sell Brazilian business to CSN in $1 billion deal
Holcim has agreed to sell its business in Brazil to Companhia Siderúrgica Nacional (CSN) for an enterprise value of $1.025 billion, a move the world’s largest cement maker said would help shift its focus. Holcim is...