Holcim (SIX: HOLN) is a publicly listed company headquartered in Zug, Switzerland that owns 10 consumer brands through 1 subsidiary, and has 2 recorded transactions.[1]
Holcim is a Swiss building-materials group headquartered in Zug, with net sales of CHF 15.7 billion in 2025 and more than 45,000 employees across 43 markets in Europe, Latin America, and Asia, Middle East & Africa. It supplies cement, ready-mix concrete, and aggregates alongside higher-value building solutions such as roofing, insulation and flooring, sold under premium brands including ECOPact, ECOPlanet, and ECOCycle. On 23 June 2025 Holcim completed the spin-off of its entire North American business as the independently listed Amrize Ltd, distributing one Amrize share for each Holcim share; Holcim itself no longer operates in North America as a result.
Holcim acquired ZinCo, a German maker of integrated green and solar roofing systems whose work includes the High Line in New York City and the Stavros Niarchos Foundation Cultural Center in Athens. ZinCo retained its own brand name after the deal. Holcim’s press release was published in early February 2024 and describes the acquisition as having taken place in January 2024, but gives no specific day; only the month is confirmed here, and no closing date beyond "January 2024" is stated. The transaction value was not disclosed.
The Adani family, through a special purpose vehicle, bought Holcim out of its Indian cement business. Holcim had announced on 15 May 2022 that it would sell its 63.19 per cent stake in Ambuja Cements and its 54.53 per cent stake in ACC (of which 50.05 per cent was held indirectly through Ambuja) to Adani; the sale closed on 16 September 2022, after mandatory open offers to Ambuja's and ACC's public shareholders, at a stated value of USD 6.50 billion for the Holcim stake and open offer consideration combined. This was not a purchase of either company outright: it transferred control, not full ownership. After completion Adani held 63.15 per cent of Ambuja Cements directly, and reached 56.69 per cent of ACC through a combination of a small direct stake and Ambuja's pre-existing 50.05 per cent holding in ACC — the same Ambuja-in-ACC stake the dataset already records as at completion. Public shareholders continued to hold the remainder of both companies on the Indian stock exchanges. The transaction made Adani India's second-largest cement producer and put the Ambuja Cement and ACC brands under Adani ownership in place of the Swiss group that had controlled them since the 2000s (ACC) and 2006 (Ambuja, via Holcim's predecessor Holcim Ltd/Lafarge-Holcim lineage).
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