Acquisition closed

Buzzi acquires Dyckerhoff (2013)

Buzzi completed the acquisition of Dyckerhoff on 27 August 2013.^[1][2]

Buzzi Unicem's ownership of Dyckerhoff was built up over twelve years, not bought in one transaction, so this record covers only the final step that made it wholly owned. Buzzi Unicem first partnered with the Dyckerhoff family in 2001, buying 34% of the ordinary share capital, then raised its stake through further purchases across 2002-2005 to about 91% of ordinary shares, and again in November 2012 to 96.6% of total share capital (98.1% of ordinary stock and 95.2% of preferred stock) for roughly EUR71.7 million. Once past the 95% threshold, German law let Buzzi Unicem squeeze out the remaining minority shareholders: Dyckerhoff AG's shareholders approved the squeeze-out on 12 July 2013 at cash compensation of EUR47.16 per ordinary or preferred share (about EUR65.3 million in total), and the transfer was registered with the Wiesbaden commercial register on 27 August 2013, at which point Buzzi Unicem held 100% of Dyckerhoff's share capital and the shares were delisted. No transaction records a single price for the whole company; the amounts above cover only the discrete purchases disclosed for 2012-2013.

Buzzi began building its Dyckerhoff holding in 2001 and reached 100 per cent with the 2013 squeeze-out recorded here, so the brand's ownership edge starts in 2001, before this record's completion date. The intermediate steps are described in the summary rather than split into records no single source dates precisely.