Displaying items by tag: acquisition

US: Holcim has acquired Louisiana-based Cajun Ready Mix Concrete. Cajun Ready Mix Concrete operates eight ready-mix concrete plants in Baton Rouge, with a total of 108 employees and 51 mixer trucks.

Holcim region head North America Toufic Tabbara said “This acquisition expands our footprint in the dynamic Baton Rouge market, confirming our focus on growth in North America. Cajun’s commitment to innovation, service and quality, along with its industry relationships and engineering capabilities, are an ideal addition to our business. We’re excited to work with the Cajun team to build further partnerships across this highly attractive growth region. I warmly welcome all Cajun employees into the Holcim family and look forward to unleashing our next era of growth together.”

Italy: BHS-Sonthofen has acquired planetary concrete mixer producer Eurostar Concrete Technology. The Germany-based group says that Eurostar Concrete Technology’s planetary concrete mixers will diversify its own product portfolio, increasing its equipment and service flexibility.

Eurostar Concrete Technology’s mixers have batch capacities of up to 6000l. Their applications include precast concrete blocks and pipes production, as well as the production of special concrete for environmental purposes and use in the glass industry.

BHS-Sonthofen’s managing director Dennis Kemmann said “For plant manufacturers and sales partners, the expansion means an even more attractive product portfolio at a high technological level and with robust drive technology.”

Canada: HeidelbergCement has announced its acquisition of a minority stake in concrete technology developer Giatec Scientific. The group says that, together, the partners will drive the development and adoption of industry-leading sensor technology and AI-driven software in order to reduce concrete’s carbon footprint and optimise processes for HeidelbergCement’s ready-mix concrete customers.

HeidelbergCement said “Giatec’s suite of proprietary smart sensors helps with accurate monitoring of concrete throughout its lifecycle, all the way from production to delivery and placement. Combined with sophisticated AI algorithms, which learn continuously from past and present data sets, the real- time sensor data enables concrete producers to optimise concrete mixes, with up to 20% cement reduction in certain applications.”

Chile: Mexico-based Cemex has announced an investment by its venture capital subsidiary Cemex Ventures in concrete monitoring software supplier ObraLink. ObraLink’s software uses advanced thermal imaging to monitor the concrete hardening process at up to three times more measurement points than similar sensors, at a fraction of the cost. By enabling builders to remove formwork or moulds at precisely the right time, the software can reduce a project’s structural costs by 15%, according to the supplier. Its integrated platform automates the process, offering additional features via APIs.

Cemex Ventures head Gonzalo Galindo said "As pioneers in the construction industry's digital transformation, our mission is to seek innovative solutions that help boost productivity and efficiency. ObraLink's scalable technology is a perfect fit with Cemex's service offering, as it digitalises a currently manual process, improving both the efficiency of execution and completion time of a project. We look forward to working with them to further scale and develop the solution so we can deliver a superior customer experience enabled by digital technologies.”

France: Holcim has acquired six new aggregates quarries in Eastern France from FAMY Group. The group says that the quarries serve the Dijon, Lyon and Geneva, Switzerland, markets. It previously acquired new aggregates and ready-mix concrete operations in the ‘growing’ region in 2021.

Europe, Middle East and Africa regional head Miljan Gutovic said “This acquisition expands our footprint in the highly attractive Rhône-Alpes region, confirming our ambition to revitalise key urban areas from Lyon to Geneva. This expansion is in line with our strategy to accelerate green growth and play our part in Europe’s net-zero transition. Our combined businesses and improved market access will provide an excellent platform to further strengthen our range of sustainable building solutions, such as ECOPact green concrete. I warmly welcome all FAMY Group employees into the Holcim family and look forward to unleashing our next era of growth together.”

Germany: Austria-based Baumit has acquired four ready-mix dry mortar plants from Dr. Arnold Schäfer GmbH. The Kronen Zeitung newspaper has reported that the plants are licenced to mix Sakret brand mortars.

The acquisition brings Baumit’s total number of building materials production facilities in Germany to 14.

US: Lehigh Hanson has completed its acquisition of Atlanta-based ready-mix concrete company Meriwether Ready Mix.

Parent company HeidelbergCement’s chair Dominik von Achten said “The acquisition of the Meriwether Ready Mix assets will enhance our integrated footprint in the rapidly growing Metro Atlanta area. These operations better position us to capture this growth potential and serve a broader customer base with a wide range of sustainable, low carbon concrete products and digital solutions. We welcome the Meriwether employees to the HeidelbergCement team.”