Displaying items by tag: acquisition
Holcim invests in COBOD International
18 October 2022Denmark: Switzerland-based Holcim has made an investment in 3D concrete printer supplier COBOD International. Holcim hopes that the investment will help it to further expand its TectorPrint 3D printing ink range. Holcim and COBOD International's collaboration dates to 2019, since which time the partners have 3D printed windmill tower bases in Denmark, a school in Malawi and a housing development in Kenya.
Holcim's head of global research and development, Edelio Bermejo, said “At Holcim, we are continuously expanding our range of building solutions to build better with less, working to improve living standards for all in a sustainable way. 3D concrete printing will help us meet these goals."
Holcim acquires Wiltshire Heavy Building Materials
11 October 2022UK: Holcim has acquired recycled concrete and aggregates producer Wiltshire Heavy Building Materials. Wiltshire Heavy Building Materials' material recovery system enables it to process 150,000t/yr of construction and demolition waste for recycling. It operates multiple plants across Wiltshire, Berkshire, Gloucestershire and Oxfordshire, and generated Euro20.6m in sales in 2021.
Switzerland-based Holcim said that the acquisition will expand its UK subsidiary Aggregate Industries' position in the area between London and the West of England, and help the group to achieve its goal of 10Mt/yr-worth of construction and demolition waste recycled globally by 2025.
Lehigh Hanson acquires JEV Recycling
05 October 2022US: Lehigh Hanson has acquired Washington-based concrete and asphalt recycling company JEV Recycling. The Heidelberg Materials subsidiary says that the acquisition strengthens its regional recycled materials portfolio, enabling it to increase its sustainable offering.
President and chief executive officer Chris Ward said “The acquisition of JEV Recycling represents an important step for Lehigh Hanson as we grow our business beyond cement and aggregates while working to lower our environmental footprint. It also highlights the importance of finding innovative ways to serve the growing needs of our customers for responsibly sourced and circular products so they can meet the sustainability targets of their projects.”
Germany: Sweden-based Thomas Concrete Group has acquired a five-plant Rhineland-Palatinate-based concrete producer. The acquisition brings Thomas Concrete Group’s German concrete capacity to 1Mm2/yr across six federal states, 2% of domestic capacity. Germany has 1900 concrete plants in total.
Holcim Romania acquires General Beton Romania
11 July 2022Romania: Holcim Romania has announced its acquisition of independent ready-mix concrete market leader General Beton Romania. The latter operates eight batching plants with a total of 160 employees. Its markets include Arad, Bucharest, Constanta and Sibiu. Holcim Romania says that it plans to use the acquisition to grow its ECOPact green concrete’s footprint.
Europe, Middle East Africa regional head Miljan Gutovic said “General Beton provides an excellent addition to our strong and diversified ready-mix concrete operations. Over more than two decades, General Beton has been a long-standing Holcim partner as well as a growing and highly successful business. I am delighted to welcome them to the Holcim family.”
Canada: Holcim has announced its acquisition of Mathers Group’s quarry and asphalt assets in Quebec. The group says that the acquisition will accelerate its development of local circular construction practices by expanding its recycled concrete offering.
Holcim US acquires Cajun Ready Mix Concrete
23 May 2022US: Holcim has acquired Louisiana-based Cajun Ready Mix Concrete. Cajun Ready Mix Concrete operates eight ready-mix concrete plants in Baton Rouge, with a total of 108 employees and 51 mixer trucks.
Holcim region head North America Toufic Tabbara said “This acquisition expands our footprint in the dynamic Baton Rouge market, confirming our focus on growth in North America. Cajun’s commitment to innovation, service and quality, along with its industry relationships and engineering capabilities, are an ideal addition to our business. We’re excited to work with the Cajun team to build further partnerships across this highly attractive growth region. I warmly welcome all Cajun employees into the Holcim family and look forward to unleashing our next era of growth together.”
Italy: BHS-Sonthofen has acquired planetary concrete mixer producer Eurostar Concrete Technology. The Germany-based group says that Eurostar Concrete Technology’s planetary concrete mixers will diversify its own product portfolio, increasing its equipment and service flexibility.
Eurostar Concrete Technology’s mixers have batch capacities of up to 6000l. Their applications include precast concrete blocks and pipes production, as well as the production of special concrete for environmental purposes and use in the glass industry.
BHS-Sonthofen’s managing director Dennis Kemmann said “For plant manufacturers and sales partners, the expansion means an even more attractive product portfolio at a high technological level and with robust drive technology.”
Canada: HeidelbergCement has announced its acquisition of a minority stake in concrete technology developer Giatec Scientific. The group says that, together, the partners will drive the development and adoption of industry-leading sensor technology and AI-driven software in order to reduce concrete’s carbon footprint and optimise processes for HeidelbergCement’s ready-mix concrete customers.
HeidelbergCement said “Giatec’s suite of proprietary smart sensors helps with accurate monitoring of concrete throughout its lifecycle, all the way from production to delivery and placement. Combined with sophisticated AI algorithms, which learn continuously from past and present data sets, the real- time sensor data enables concrete producers to optimise concrete mixes, with up to 20% cement reduction in certain applications.”
Cemex Ventures backs ObraLink
12 May 2022Chile: Mexico-based Cemex has announced an investment by its venture capital subsidiary Cemex Ventures in concrete monitoring software supplier ObraLink. ObraLink’s software uses advanced thermal imaging to monitor the concrete hardening process at up to three times more measurement points than similar sensors, at a fraction of the cost. By enabling builders to remove formwork or moulds at precisely the right time, the software can reduce a project’s structural costs by 15%, according to the supplier. Its integrated platform automates the process, offering additional features via APIs.
Cemex Ventures head Gonzalo Galindo said "As pioneers in the construction industry's digital transformation, our mission is to seek innovative solutions that help boost productivity and efficiency. ObraLink's scalable technology is a perfect fit with Cemex's service offering, as it digitalises a currently manual process, improving both the efficiency of execution and completion time of a project. We look forward to working with them to further scale and develop the solution so we can deliver a superior customer experience enabled by digital technologies.”