Holcim Advances Green Growth Strategy with HM Factory Acquisition

Holcim Advances Green Growth Strategy with HM Factory Acquisition

(IN BRIEF) Holcim has acquired HM Factory, a precast concrete solutions provider that supplies Polish construction projects and exports to Scandinavian markets. HM Factory’s solutions use less material, reduce waste on the construction site, and are well-positioned to capitalize on growth in industrial and residential construction. The acquisition is in line with Holcim’s “Strategy 2025 – Accelerating Green Growth” and its goal to expand its Solutions & Products business, entering the most attractive construction segments.

(PRESS RELEASE) ZUG, 16-Mar-2023 — /EuropaWire/ — Holcim (SWX: HOLN), one of the world’s leading suppliers of cement and aggregates, concrete and related services, announces that it has acquired HM Factory, a precast concrete solutions provider with net sales of CHF 18 million. The company supplies Polish construction projects and exports to Scandinavian markets, providing a wide variety of precast solutions for walls, staircases, and balconies. HM Factory’s solutions use less material without compromising durability or quality and reduce waste on the construction site. The company is well-positioned to capitalize on growth in industrial and residential construction and aims to drive smart design by incorporating innovative trends such as 3D printing technology.

Miljan Gutovic, Region Head Europe: “HM Factory is a perfect complement to our existing operations, offering multiple technological and raw material synergies. I look forward to welcoming the employees of HM Factory, whose expertise will be invaluable in accelerating green growth, especially in highly efficient modular construction.”

The acquisition is in line with Holcim’s “Strategy 2025 – Accelerating Green Growth” and its goal to expand its Solutions & Products business to 30% of Group net sales by 2025, entering the most attractive construction segments from roofing and insulation to repair and refurbishment. HM Factory, based near Warsaw in central Poland, employs 70 people and brings innovative and sustainable solutions to Holcim’s product offerings.

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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).

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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.

SOURCE: HOLCIM