France: The French Competition Authority (AC) is carrying out a review of Holcim Investments' planned outright acquisition of precast concrete elements producer Alkern Group. MLex News has reported that the European Commission referred the matter to the AC.
Bosnia & Herzegovina: Spain-based Molins and Greece-based Titan have completed the joint acquisition of 80% of structural precast concrete systems producer Baupartner. Baupartner's founding owners have retained a 20% stake.
Baupartner employs 280 people across its operations in Bosnia and Herzegovina, Croatia and Serbia.
Singapore: HL-Sunway, a joint venture of HL Building Materials and Malaysia-based Sunway Construction Group (SunCon), has launched a new 100,000m³/yr precast concrete plant in Singapore. The Star newspaper has reported that the plant can meet 12 – 14% of demand for precast concrete under Singapore’s Housing and Development Board’s projects.
The Housing and Development Board forecasts 15,000 – 16,000 new housing unit starts in 2026, after demand evens out. It is currently suppressed by contractor delays.
SunCon operates two other precast concrete plants in Johor, Malaysia, with a combined capacity of 126,000m³/yr. It says that its US$1.59bn order book includes US$717m (45%) data centre contracts. It aims to take US$1.07 – 1.43m-worth of new orders throughout 2025.
Denmark: Switzerland-based Sika has acquired mortars producer Marlon Tormortel for an undisclosed sum. Alliance News has reported that Sika’s Europe, Middle East and Africa Regional Manager Christoph Ganz said "With our combined businesses and strengthened production capacities, we will have an excellent platform to accelerate growth in Denmark and the Nordic region." He added that the acquisition will help to complete Sika’s product offering.
