Holcim advances circular construction with acquisition of Land Recovery in
the UK
Holcim Group Services Ltd / Key word(s): Acquisition
Holcim advances circular construction with acquisition of Land
Recovery in the UK
05.06.2024 / 07:00 CET/CEST
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* Leading supplier of recycled construction materials in the UK
* Advances Holcim's circularity goal to recycle 10 million tons
of construction materials in 2024
* Expands range of circular building solutions in the UK
Holcim has completed the acquisition of Land Recovery in the UK,
advancing its capabilities in circular construction. A leading UK
supplier of primary and recycled materials, Land Recovery turns
rail ballast into new solutions for the UK rail network as well
as supplying construction demolition materials for the production
of ready-mix, precast concrete and asphalt. The acquisition
expands Holcim's access to construction demolition materials,
with Land Recovery recycling more than 300,000 tons last year.
Miljan Gutovic, CEO, Holcim: "Land Recovery strengthens Holcim's
leading position in circular construction and advances our group
target of recycling 10 million tons of construction demolition
materials in 2024. I look forward to welcoming all 85 employees
of Land Recovery and investing in our next era of growth
together."
Land Recovery was founded in 1982 by the Beecroft family. With
four facilities across the UK as well as 85 employees, Land
Recovery's services include the supply of primary rail ballast,
handling and treating spent ballast and recycling it into new
building solutions.
The transaction follows Holcim's acquisition last year of Sivyer
Logistics, a leading producer of recycled construction demolition
materials for the London construction market.
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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1917939 05.06.2024 CET/CEST