Holcim has closed three bolt-on acquisitions in Europe, expanding its Solutions & Products portfolio for green growth.
Holcim has acquired a majority stake in Artepref, a fast-growing leader in innovative precast concrete solutions in Spain. In Greece, Holcim has bought W.A.T.T. Recycling, a leading waste management company that produces alternative fuels. Holcim entered the advanced mortar solutions market in the UK by acquiring Eco-Readymix. All three value-accretive acquisitions contribute to Holcim’s objective of expanding Solutions & Products to at least 30% of net sales by 2025 while leading in decarbonisation as a driver of profitable growth.
Miljan Gutovic, Holcim Region Head 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.”
Arterpref is a leader in innovative precast concrete structural systems for industrial, commercial and logistics applications. Through acquiring a majority stake, Holcim is entering the fast-growing, industrialised 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 is one of the fastest-growing companies in Greece’s waste-to-energy sector, offering solutions to recover paper, plastics, and metals while producing alternative fuels. Its two state-of-the-art material recovery facilities near Athens have an annual processing capacity of over 150,000 tons of municipal waste.
Eco-Readymix is a leader in advanced mortar solutions and concrete in northwest England, with two operational sites and one due to open. It offers a range of mortars, ready-mix 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.
