Holcim closes bolt-on acquisitions in the US and Poland
Holcim has closed the acquisition of the Utelite Corporation in Coalville, Utah (US), a leading producer of lightweight aggregates. Utelite will join Holcim’s Mountain Region, alongside operations in the Denver, Phoenix and Las Vegas metro areas. Founded in 1962, Utelite’s more than 40 employees serve customers across the western United States and Western Canada. The operation has more than 60 years of proven and probable reserves.
In addition, Holcim closed an agreement to buy Polcalc in Poland. Polcalc employs 78 people and is one of the country’s leading producers of granulated calcium carbonate. This acquisition complements Holcim’s aggregates business in Poland.
Jan Jenisch, CEO: “We are pleased to welcome the employees of Utelite and Polcalc and look forward to their experience and capabilities. These two bolt-on acquisitions strengthen our presence in two important growth markets while contributing to Holcim’s overall strategy to expand our range of low-carbon products and solutions.”
About Holcim
Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.
More information is available on www.holcim.com
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