Announced
Financials
Tags
Acquisition
Diversified Materials
Private
Italy
Pending
Cross Border
Majority
concrete
Single Bidder
Friendly
Synopsis
LafargeHolcim, a global manufacturer of construction materials such as cement, aggregates, and concrete, agreed to acquire Edile Commerciale, a supplier of concrete and aggregates. Financial terms were not disclosed. "To be a key partner on this journey we launched ECOPact green concrete last year and I am committed to ensuring its high pace roll-out worldwide. This year, we have a unique opportunity to accelerate the transition to sustainable construction with an unprecedented wave of government stimulus packages, focusing on infrastructure, with Europe at the forefront. I look forward to being part of the green recovery to build a net zero future," Jan Jenisch, LafargeHolcim CEO.
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