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- HeidelbergCement to sell assets in the US to Cementos Argos
- HeidelbergCement Publishes Q2 2016 Results
- HeidelbergCement to sell assets in Belgium to Cementir Holding
18 August 2016
HeidelbergCement, through its subsidiaries Essroc Corp. and Lehigh Hanson, Inc., has entered into a definitive agreement with Argos USA LLC, a subsidiary of Cementos Argos, to sell its Martinsburg, West Virginia cement plant and eight related terminals. The disposal was required by Federal Trade Commission (FTC) Decision and Order to address competition concerns arising from the Italcementi acquisition.
29 July 2016
Increased sales volumes in all business lines, Group revenue stable at €3.6 billion, Operating income rose by 8% to €601 million, improvement of margins in all business lines, significant improvement of free cash flow, net debt reduced to €5.9 billion, outlook for 2016 confirmed
25 July 2016
HeidelbergCement, through its subsidiary Ciments Français S.A.S, entered into an agreement with Aalborg Portland Holding A/S, a subsidiary indirectly 100% controlled by Cementir Holding, to sell operations in Belgium, primarily consisting of Italcementi’s Belgian subsidiary Compagnie des Ciments Belges S.A. (CCB). The disposal was committed to the European Commission in order to address competition concerns caused by the Italcementi acquisition. The agreement is subject to the approval of the European Commission.