Displaying items by tag: growth

Germany: Ireland-based CRH has agreed to sell its subsidiaries Opterra Zement and Opterra Beton to Thomas Gruppe. Thomas Gruppe expects to complete its acquisition of the businesses later in 2022. Opterra Zement owns the 1.4Mt/yr Karsdorf, Saxony-Anhalt, cement plant and 0.5Mt/yr Sötenich, North Rhine-Westphalia, grinding plant, the latter of which is closed. Opterra Beton operates the Neufahrn, Bavaria, ready-mix concrete batching plant.

Thomas Gruppe said "For years, we have been pursuing a steady and long-term growth course in the field of cement and precast and ready-mix concrete. In the cement segment, our competitive position improved significantly with the purchase of the Erwitte (North Rhine-Westphalia) plant in 2017. Together with the grinding plant in Dorndorf (Thuringia), we have achieved a significantly larger area coverage in Germany, and also in the Netherlands, and benefit from synergy effects." It continued "We would like to continue on this growth course. An opportunity like the one to take over the cement plant in Karsdorf does not come often. The Karsdorf plant, with its gigantic limestone deposits, its market position of well over 1Mt/yr of cement and its experienced team, enables us better to supply our customers, and to leverage improvement potential. In addition, Karsdorf is of sufficient size for us to implement CO₂ separation technology in its production of clinker for the Dorndorf grinding plant." Thomas Gruppe concluded "We are convinced that cement will become a clean building material and believe in its future."

UK: Oscrete has doubled its laboratory footprint after carrying out an expansion at its concrete laboratory. The upgrade consists of a new wet production area and New Product Development area. The additives producer said that it plans to use the increased space for on-site customer training. The company says that it is now on a ‘recruitment drive’ to develop its concrete technician team.

Technical and development manager Dean Clarke said “Expanding our lab is a key objective following our move into independence at the start of 2022, so we are delighted to now have more capacity, increased product innovation and the resulting need to develop our team. He continued “We are a company committed to delivering and problem solving for our customers, particularly during these exceptionally challenging times of supply chain disruption.”

Germany: Austria-based Baumit has acquired four ready-mix dry mortar plants from Dr. Arnold Schäfer GmbH. The Kronen Zeitung newspaper has reported that the plants are licenced to mix Sakret brand mortars.

The acquisition brings Baumit’s total number of building materials production facilities in Germany to 14.