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Im Artikel erwähnte Wertpapiere: LafargeHolci
Holcim Group Services Ltd
/ Key word(s): Miscellaneous
Holcim sold its cement business in Northern Ireland to Cookstown Cement Ltd for an Enterprise Value of CHF 70 million, covering a production capacity of 450,000 tons. Cookstown Cement Ltd is a newly founded local construction company, established by a longstanding business partner of Holcim. Miljan Gutovic, Holcim Region Head EMEA: 'This divestment advances our 'Strategy 2025 - Accelerating Green Growth' with a focus on consolidating our leadership in core markets to become the global leader in innovative and sustainable building solutions. With Cookstown Cement Ltd, we are pleased to have found a strategic and trusted owner for the business, better positioned to continue investing in its long term growth. We are delighted about Cookstown Cement Ltd's vision, offering a solid platform for the team to continue to thrive.' David Millar, Managing Director of Cookstown Cement Ltd: 'We have acquired a great company with a strong team and excellent products and the investment we are making will allow us to expand further in the years to come. This is a fantastic opportunity to bring new investment and a new, local approach to this established business.' About Holcim Learn more about Holcim on www.holcim.com, and by following us on LinkedIn and Twitter. Important disclaimer - forward-looking statements:
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1272306 25.01.2022