Holcim has closed an agreement to buy Poland-based Polcalc, one of the country’s leading producers of granulated calcium carbonate.
Cement and building materials giant Holcim says the acquisition of Polcalc, which employs 78 people, complements its aggregates business in Poland.
In addition, Holcim has also closed the acquisition of lightweight aggregates producer Utelite Corporation in Coalville, Utah (US).
Utelite will join Holcim’s Mountain Region, alongside operations in the Denver, Phoenix and Las Vegas metro areas. Founded in 1962, Utelite’s more than 40 employees serve customers across the western United States and Western Canada. Holcim says the operation has more than 60 years of proven and probable reserves.
Holcim CEO Jan Jenisch commented: “These two bolt-on acquisitions strengthen our presence in two important growth markets while contributing to Holcim’s overall strategy to expand our range of low-carbon products and solutions.”
