27/08/2016 12:00
 
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Following HeidelbergCement acquisition of 45% in Italcementi, Interbulk Trading is merging forces with HCTrading. 

To learn more:


www.hctrading.com 


HeidelbergCement has completed the acquisition of a 45% stake in Italcementi from Italmobiliare

Today, HeidelbergCement has completed the acquisition of a 45% stake in Italcementi from Italmobiliare.

The combination of HeidelbergCement and Italcementi creates the number 1 in aggregates production, the number 2 in cement and number 3 in ready-mixed concrete worldwide. More than 63,000 employees work at over 3,000 production sites in around 60 countries on five continents. The combined cement grinding capacity of 156 cement plants totals 197 million tonnes. HeidelbergCement operates more than 600 aggregates production sites and over 1,700 ready-mixed concrete plants. This makes HeidelbergCement the world’s leading vertically integrated building materials supplier.

HeidelbergCement stands for competence and quality in construction,” said Dr. Bernd Scheifele, Chairman of the Managing Board. “By integrating Italcementi in the HeidelbergCement Group, we will combine the strengths of both and maintain at the same time the local character of the business. Both are tradition-rich companies with long successful histories in the building material business. Together, we are even better positioned to provide our customers with superior quality and innovative products.”

The company culture of HeidelbergCement is an essential foundation for the success of the Group. It focuses on efficiency, closeness to the business, strict cost control, speed and strength of implementation, as well as a strong commitment to customer and employee satisfaction. Workplace health and safety, progress in environmental protection and the acceptance of social responsibilities within the communities where HeidelbergCement operates are also important corporate values.


 
Heidelbergcement and Italcementi to create the second global player in the cement sector, leader in the aggregates business and the third in ready-mixed concrete

Italmobiliare and HeidelbergCement, following the agreement regarding the sale to HeidelbergCement of Italmobiliare’s 45% stake held in Italcementi, have decided to play an active role in the ongoing consolidation of the construction materials industry by creating the second global player in the cement sector, leader in the aggregates business and the third in ready-mixed concrete. The rationale of this combination is further supported by a perfect geographical fit with HeidelbergCement’s existing footprint - with limited overlap of plants in Belgium and the US – by the significant potential for synergies and the combination of strong Innovation and R&D capabilities of both companies. The combined group will have a production capacity of about 200 million tons of cement, 275 million tons of aggregates sales and 49 million m3 of ready-mix concrete sales with pro-forma 2014 revenues of about €16.8 billion, generated in more than 60 countries worldwide.



(attached the press release issued by Italmobiliare)
 Press release



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