Holcim’s acquisition of Langley Concrete Group Inc. marks a strategic expansion into the precast concrete market, strengthening its foothold in North America and driving growth towards profitable decarbonization.
Holcim’s shareholders overwhelmingly approve the spin-off of its North American business, setting the stage for potential stock price growth and a more sustainable future for the construction giant.
Holcim AG’s Q1 earnings show a mixed performance, with stabilized sales but decreased operating profit due to adverse weather conditions, but the company remains optimistic about its future prospects.
Holcim AG is revamping its sustainability and construction practices to capitalize on emerging trends and drive growth in key markets, despite market volatility.
Holcim has invested over EUR 450,000 in a water recycling system at its Romanian plant to prioritize sustainability and reduce its environmental footprint.
Holcim plans to spin off its North American operations, rebranding them as Amrize, in a move expected to be one of the largest deals in the construction industry.