Holcim eyes deals drive to push beyond cement: CEO

 

Bloomberg

Holcim Ltd. Chief Executive Officer Jan Jenisch said he’s looking to continue an acquisition drive at the Swiss building material maker as he pivots away from traditional cement.
Jenisch said in an interview this week that Holcim has “the strongest balance sheet ever, which opens up many opportunities for continued acquisitions and investments.” The CEO said the company sees value in small and midsized deals in areas like building systems, where Holcim can offer solutions from roofing to insulation.
Just this month, Holcim has announced acquisitions of Chrono Chape, a French provider of self-leveling screeds, and Nicem Srl, an Italian producer of limestone used as a lower-carbon replacement for the clinker that goes into cement production.

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