Global Building Materials Company Holcim Enters Guatemalan Market with Acquisition of Minerales y Agregados

Global Building Materials Company Holcim Enters Guatemalan Market with Acquisition of Minerales y Agregados

(IN BRIEF) Holcim, a global building materials company, has announced the acquisition of Minerales y Agregados, a leading provider of advanced mortars and adhesives in Guatemala. This marks Holcim’s entry into the Guatemalan market and expands its Solutions & Products business. The acquisition aligns with Holcim’s strategy to accelerate green growth and expand its presence in attractive construction segments. The company plans to leverage synergies by expanding supply from its plants in El Salvador and enhancing its offering through the Disensa retail network.

(PRESS RELEASE) ZUG, 15-Jun-2023 — /EuropaWire/ — Holcim (SWX: HOLN), one of the world’s leading suppliers of cement and aggregates, concrete and related services, has announced the acquisition of Minerales y Agregados, a leading provider of advanced mortars and adhesives in Guatemala. This acquisition marks Holcim’s entry into the Guatemalan market and strengthens its Solutions & Products portfolio with a new line of business. The company plans to leverage synergies by expanding the supply of Minerales y Agregados from its plants in Metapán, El Salvador, and by enhancing the offering of advanced mortars and adhesives through the Disensa retail network.

Oliver Osswald, Region Head Latin America: “With Minerales y Agregados, we continue to grow our geographic footprint while broadening our range of advanced building solutions. The construction sector in Guatemala is highly specialized, demanding world-class solutions. Minerales y Agregados is a perfect addition to help us meet those needs. We look forward to welcoming the employees of Minerales y Agregados into the Holcim family and opening our next era of growth together.”

Founded in 2014 by the Coronado family, Minerales y Agregados operates a production plant in Guatemala. In addition to dry mortars, the company offers various solutions for the construction and agriculture industries.

By acquiring Minerales y Agregados, Holcim advances its “Strategy 2025 – Accelerating Green Growth” initiative, which aims to expand the Solutions & Products business to contribute 30% of the Group’s net sales by 2025. This move allows Holcim to enter attractive segments of the construction market, including roofing systems, insulation, and renovation.

About Holcim

Holcim is a global leader in innovative and sustainable building solutions. Driven by its purpose to build progress for people and the planet, its 60,000 employees are on a mission to decarbonize building, while improving living standards for all. The company empowers its customers across all regions to build better with less, with its broad range of low-carbon and circular solutions, from ECOPact to ECOPlanet. With its innovative systems, from Elevate’s roofing to PRB’s insulation, Holcim makes buildings more sustainable in use, driving energy efficiency and green retrofitting. With sustainability at the core of its strategy, Holcim is becoming a net-zero company with 1.5°C targets validated by the Science Based Targets initiative (SBTi).

Learn more about Holcim on www.holcim.com, and by following us on LinkedIn.

Sign up for Holcim’s Building Progress newsletter here and follow our journey to a net-zero future.

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.

Contact Media Relations

Phone: ​+41 (0) 58 858 87 10
Email: media@holcim.com

Contact Investor Relations

Phone: +41 (0) 58 858 87 87
Email: investor.relations@holcim.com

SOURCE: HOLCIM