Home » Holcim completes trio of green growth acquisitions

Holcim completes trio of green growth acquisitions

by Mark Cantrell
A series of items associated with green construction

Holcim has expanded its capabilities in products and solutions that promote green growth with the completion of three new ‘bolt-on’ acquisitions in Europe.

In Spain, the company has acquired a majority stake in Artepref SA, a fast-growing leader in innovative precast concrete solutions.

In Greece, Holcim has bought WATT Recycling, a leading waste management company that produces alternative fuels.

In the UK, it has entered the advanced mortar solutions market through its acquisition of Eco-Readymix Ltd.

All three value-accretive acquisitions contribute to Holcim’s objective of expanding solutions and products to at least 30% of Net Sales by 2025, the company says, while leading in decarbonisation as a driver of profitable growth.

Miljan Gutovic, Holcim’s 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.”

Arterpref is regarded as a leader in innovative precast concrete structural systems for industrial, commercial and logistics applications. Through its acquisition of a majority stake, Holcim is entering the fast-growing, industrialised construction market in Spain.

The newly acquired company’s smart design systems are expected to add to Holcim’s broad range of advanced low-carbon and circular solutions to build better with less.

WATT Recycling is said to be 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 over 150,000 tons of municipal waste annually.

Eco-Readymix is a leader in advanced mortar solutions and concrete in the North West of England, with two operational sites and one due to open. It offers a range of mortars along with 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.

Image credit: Stock-Asso/Shutterstock

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