Holcim close three bolt-on acquisitions in Europe
Expansion of European Solutions & Products portfolio with value-accretive ‘green growth’ acquisitions
HOLCIM have closed three bolt-on acquisitions in Europe, expanding their Solutions & Products portfolio for green growth.
In Spain, Holcim have acquired a majority stake in Artepref SA, a fast-growing leader in innovative precast concrete solutions. In Greece, Holcim have bought W.A.T.T. Recycling, a leading waste-management company that produces alternative fuels. In the UK, Holcim have entered the advanced mortar solutions market through their acquisition of Eco-Readymix Ltd.
Holcim say all three value-accretive acquisitions contribute to their objective of expanding Solutions & Products to at least 30% of net sales by 2025, while leading in decarbonization as a driver of profitable growth.
Miljan Gutovic, region head for Europe, said: ‘We are off to a strong start in 2024 with three strategic acquisitions. Fully in line with our strategy, they expand our range of innovative and sustainable solutions in high-growth markets. I warmly welcome employees of all three companies into the Holcim family to open our next chapter of green growth together.’
Artepref are one of the leaders in innovative precast concrete structural systems for industrial, commercial, and logistics applications. Through their acquisition of a majority stake, Holcim are entering the fast-growing industrialized construction market in Spain. Artepref’s smart design systems will add to Holcim’s broad range of advanced low-carbon and circular solutions to build better with less.
W.A.T.T. Recycling are one of the fastest-growing companies in Greece’s waste-to-energy sector, offering a range of solutions to recover paper, plastics, metals, while also producing alternative fuels. Its two state-of-the-art material-recovery facilities near Athens have a processing capacity of more than 150,000 tonnes of municipal waste annually.
Eco-Readymix are among the leaders in advanced mortar solutions and concrete in north-west England, with two operational sites and one due to open. The company offers a range of mortars along with ready-mixed concrete, liquid and traditional screed, concrete masonry blocks, and aggregates. A leader in sustainability, its Wrexham site is almost entirely powered by renewable energy, from biomass to wind and solar.
