Investor Relations

HeidelbergCement to sell its North American and UK Building Products Business
Ad hoc: HeidelbergCement to sell its North American and UK Building Products Business
HeidelbergCement sells property in Stockholm
24 December 2014

HeidelbergCement to sell its North American and UK Building Products Business

HeidelbergCement announces that it has entered into a definitive agreement with an American affiliate of Lone Star Funds to sell its North American (excluding Western Canada) and United Kingdom building products business (collectively “Hanson Building Products”). The closing is subject to the satisfaction of customary closing conditions. HeidelbergCement expects the transaction to close in the first quarter of 2015. The sale of Hanson Building Products is consistent with HeidelbergCement’s strategy of focusing on processing and refining raw materials for its core products of cement and...
24 December 2014

Ad hoc: HeidelbergCement to sell its North American and UK Building Products Business

HeidelbergCement announces that it has entered into a definitive agreement with an American affiliate of Lone Star Funds to sell its North American (excluding Western Canada) and United Kingdom building products business (collectively, “Hanson Building Products”), for an aggregate purchase price of US$ 1.4 billion, of which up to $100 million will be payable in 2016, depending on the performance of the business in 2015. The closing is subject to the satisfaction of customary closing conditions. HeidelbergCement expects the transaction to close in the first quarter of 2015.
22 December 2014

HeidelbergCement sells property in Stockholm

In the context of optimising its asset structure, HeidelbergCement is selling property located at Lövholmen in Stockholm to enable residential development. The company currently operates a cement terminal on this property, which it plans to move to an industrial zone at Värtan in Stockholm. A sales contract has been signed between HeidelbergCement and a consortium of Järntorget Byggintressenter AB and Besqab AB.

Investment
Highlights

  1. Strong asset base and outstanding product portfolio
  2. Superior footprint with excellent regional growth pockets
  3. Market leading operational performance
  4. Strong management with most efficient organisational set up
  5. Significant future potential