Social media giant Meta and concrete maker Amrize had developed an AI model to create new optimal low-carbon concrete mixes. The companies last week announced a partnership to develop a ...

Holcim is targeting average annual growth in earnings before interest and taxes of 6% to 10% by 2030, driven in part by mergers and acquisitions, the Swiss cement maker said on Friday. Under a ...

An Amrize listing by the end of the first half of 2025 remains on track, the company said in a statement. Holcim targeted a $30 billion valuation when the spin-off was first announced in January 2024.

The company said the 100% spinoff would be completed by way of a one-to-one distribution of Amrize shares to Holcim shareholders. In addition, Amrize has secured debt financing of $3.4 billion ...

The spin-off was executed via a dividend-in-kind distribution, with Holcim shareholders receiving one Amrize share for each Holcim share held as of June 20. Amrize shares began trading on both the SIX ...

Holcim's North American business will soon be known as Amrize, according to an announcement. Holcim operates a cement plant east of Hagerstown and employs about 100 people. The plant supplies ...

Swiss building-materials supplier Holcim aims to deliver sales and earnings growth in the period to 2030 as part of its strategy after the planned spinoff of its North American business Amrize.

Holcim's Amrize business late Monday said it completed a $3.4 billion bond offering. The Swiss building materials company's North American business is expected to spin off by the end of the first ...

ZURICH (Reuters) -Holcim has completed the spin-off of its North American business Amrize, which achieved a $30 billion valuation for the building materials supplier in early trading on Monday.

Date 2025-03-25 04:06:36 (MENAFN - EQS Group) Holcim Group Services Ltd / Key word (s): Personnel Holcim Appoints Amrize Designated Executive Officers 25.03.2025 / 06:30 CET/CEST ...