Holcim’s North America business to be named Amrize following planned spin-off
Holcim announces that Amrize will be the name of its North American business following the execution of the planned spin-off. As an independent public company, Amrize will be North America’s leading building solutions company from foundation to rooftop.
Amrize originates from two concepts: “ambition” and “rising”. “Am” represents the future company’s commitment to high-performance and innovation to meet its customers’ greatest ambitions. “Rize” symbolizes the company’s drive to lead construction forward across North America to shape the essential buildings and infrastructure that advance how people live.
Jan Jenisch, Chairman of Holcim and designated Chairman and CEO of Amrize: "Introducing the Amrize name marks an important step as we prepare Holcim’s North American business to become an independent public company. This is an exciting time for construction in North America, with the ongoing modernization of infrastructure, the reshoring of manufacturing, and the opportunity to bridge the housing gap with the most advanced building solutions. With our planned spin-off of Amrize, we aim to be the partner of choice for our North American customers and unlock value for all our stakeholders.”
The company intends to list Amrize shares under the symbol ‘‘AMRZ’’ on the New York Stock Exchange (NYSE) with an additional listing on the SIX Swiss Exchange.
The Amrize name and branding will go into effect with the completion of the spin-off, expected by the end of the first half 2025, subject to shareholder and customary approvals. Until then, the North American business continues to operate as part of Holcim.
More information on the company’s name and brand identity can be found here. Further investor information about the spin-off can be found on the Holcim investor website.
About Holcim
Holcim is a global leader in innovative and sustainable building solutions with net sales of CHF 27.0 billion in 2023. Our 63,000 employees are driven by our purpose to build progress for people and the planet across our regions to improve living standards for all. We partner with our customers to offer the broadest range of advanced solutions, from sustainable building materials ECOPact and ECOPlanet, to our circular technology ECOCycle®, all the way to Elevate’s advanced roofing and insulation systems.
Learn more about Holcim on www.holcim.com, and by following us on LinkedIn.
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Important disclaimer – forward-looking statements:
This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim, including but not limited to the risks described in the Holcim's annual report available on its website (www.holcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Holcim does not undertake to provide updates of these forward-looking statements.
