Sale of activities in Israel restarted

HeidelbergCement is restarting the sale of its activities in Israel. This move follows an indication by antitrust authorities in Israel that they would oppose the originally intended sale to Mashav-Initiating and Development Ltd. HeidelbergCement fundamentally adheres to selling its business in Israel and is evaluating various options. The company will continue to focus on its divestment programme of non-strategic business units to further reduce debts.

www.heidelbergcement.com

Issue 4/2021 HEIDELBERGCEMENT AG

HeidelbergCement sells its U.S. West region business for US$ 2.3 billion

As part of its portfolio optimization and margin improvement programme in its North American business, HeidelbergCement has signed an agreement to sell its business activities in the U.S. West region...

HeidelbergCement completes sale of assets in the US to Cementos Argos

HeidelbergCement has completed the sale of its Martinsburg, West Virginia cement plant and eight related terminals to an affiliate of Cementos Argos. Previously, the Federal Trade Commission (FTC) had...

Issue 5/2014 GERMANY

The Istein lime plant is up for sale

It appears that an era is coming to an end at the Istein lime plant, which has been owned by HeidelbergCement (HC) since 1983. Clearly, the HC Group intends to divest itself of its Lime business...

Issue 12/2016 HEIDELBERGCEMENT AG

HeidelbergCement completes sale of assets in Belgium to Cementir Holding in the context of the Italcementi acquisition

On 25.10.2016 HeidelbergCement has completed the sale of operations in Belgium, primarily consisting of Italcementis Belgian subsidiary Compagnie des Ciments Belges S.A. (CCB) to an affiliate of...

Issue 2/2021 HEIDELBERGCEMENT AG

HeidelbergCement sells Kuwait business

HeidelbergCement has successfully sold its majority stake of 51% in the Kuwaiti cement and ready-mixed concrete company Hilal Cement to Silver Share Real Estate. The parties agreed not to disclose the...

ZKG 02/2010