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Hercacles completes Halyps Building Material aggregate and concrete acquisitions

Heracles Group has announced the successful completion of the acquisition of Halyps Building Materials SAps aggregate and concrete businesses segments....

Greece , Greek , Dimitris-chanis , Heracles-group , Halyps-building-material , Halyps-building-materials , Acquisition , Aggregates , Ready-mix , Western-europe ,

HeidelbergCement divests Greek concrete and aggregates business to LafargeHolcim

HeidelbergCement divests Greek concrete and aggregates business to LafargeHolcim
Written by Global Cement staff
05 May 2021
Greece: HeidelbergCement subsidiary Halyps Building Materials has agreed to sell its aggregates business and two ready-mix concrete plants to Heracles Group, part of Switzerland-based LafargeHolcim. Heracles Group said that the acquisition would enable it to better serve the growing Athens metropolitan area and key infrastructure projects regionally. The value of the deal is undisclosed.
LafargeHolcim’s Europe, Middle East and Africa regional head Miljan Gutovic said, “I am excited about the opportunities and growth prospects of this acquisition in the Attica region of central Greece. It will provide additional support towards our net zero ambition with our leading range of sustainable building solutions such as EcoPact green concrete.” Heracles Group launched EcoPact on the Greek market in April 2021. In the first four months of 2021, LafargeHolcim completed four other bolt-on acquisitions.

Athens , Attikír , Greece , Kuwait , Greek , Lafargeholcim-europe , Miljan-gutovic , Heracles-group , Halyps-building-materials , Middle-east , Suez-cement , Germany