Holcim acquires Mark Desmedt to accelerate circular construction as a driver
of profitable growth
Holcim Group Services Ltd / Key word(s): Acquisition
Holcim acquires Mark Desmedt to accelerate circular construction
as a driver of profitable growth
08.07.2024 / 07:00 CET/CEST
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* Acquisition of leading recycler of construction demolition
materials in Belgium
* Recycles 500,000 tons of construction demolition materials
per annum serving key Brussels and Antwerp metro areas
* To expand ECOCycle® range of circular building solutions in
Belgium, driving profitable growth
Holcim has closed the acquisition of Mark Desmedt in Belgium,
advancing circular construction in Europe in line with its target
to recycle 10 million tons of construction demolition materials
per annum. A leading company in the recycling of construction
demolition materials in Belgium, Mark Desmedt recycles more than
500,000 tons a year and is strategically located to serve
Belgium's two largest metropolitan areas, Brussels and Antwerp.
Miljan Gutovic, CEO, Holcim: "With the Mark Desmedt team, we are
accelerating our vision to drive circular construction in the key
metropolitan areas where we operate to build cities from cities.
Strategically located between Brussels and Antwerp, Mark Desmedt
will scale up our ECOCycle® technology across Belgium, making
circularity a driver of profitable growth. I look forward to
welcoming the employees of Mark Desmedt to Holcim and to
investing in our next chapter of growth together".
Founded in 1989 by the Desmedt family, Mark Desmedt became a
leading company in the recycling of construction demolition
materials in Belgium soon after it entered the ready-mix concrete
market in 2001. It is Holcim's fourth acquisition this year to
scale up circular construction as a driver of profitable growth,
building on Cand-Landi Group in Switzerland, Land Recovery in the
UK and Mendiger Basalt in Germany.
About Holcim
Holcim is a global leader in innovative and sustainable building
solutions with net sales of CHF 27.0 billion in 2023. Driven by
our purpose to build progress for people and the planet, our
63,448 employees are on a mission to decarbonize building, while
improving living standards for all. We empower our customers
across all regions to build better with less, with a broad range
of low-carbon and circular solutions, from ECOPact and ECOPlanet
to our circular technology platform ECOCycle®. Through innovative
systems, from Elevate roofing to PRB insulation, Holcim makes
buildings more sustainable in use, driving energy efficiency and
green retrofitting. With sustainability at the core of our
strategy, we are on the way to becoming a net-zero company with
1.5C targets validated by 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.
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End of Media Release
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1940803 08.07.2024 CET/CEST