On 12.10.2016, HeidelbergCement purchased the remaining Italcementi shares that had not been tendered in the mandatory tender offer. Therefore, HeidelbergCement is now the sole shareholder of Italcementi and owns 100 % of the share capital. Italcementi shares were delisted from the Italian Stock Exchange on the same day.
In a shareholder meeting on 19.10.2016 a new Board of Directors was established for Italcementi. The new members are Luca Sabelli (Chairman), Dominik von Achten (Executive Vice President), Lorenz Näger (Executive Vice President) and Roberto Callieri (CEO).