LafargeHolcim announces two bolt-on acquisitions to accelerate growth in Europe

• Adding to eight bolt-ons completed in 2020 as key growth driver for the company, with more bolt-ons expected in 2021
• LafargeHolcim well-positioned to contribute to Europe’s net zero ambition with products like ECOPact green concrete

LafargeHolcim announces the acquisition of Edile Commerciale and the signing of Cemex Rhone Alpes, both suppliers of ready-mix concrete and aggregates, ideally located in two of Europe’s largest metropolitan areas, Milan, Italy, and Lyon, France. With 35 ready-mix concrete plants, these operations strengthen LafargeHolcim’s position in two of the most dynamic and attractive areas in Europe, with strong demographic trends and key infrastructure projects. These two bolt-on acquisitions add to eight similar transactions carried out by LafargeHolcim in 2020, as a key driver of its growth strategy.

Jan Jenisch, Chief Executive Officer: "I am excited about the growth prospects ahead with Edile Commerciale and Cemex Rhone Alpes. These two acquisitions are a perfect fit for our growth strategy, adding to eight other bolt-ons we closed in 2020. They confirm our ambition to revitalize leading cities like Milan and Lyon, and our vision to support Europe become a net zero region by 2050. To be a key partner on this journey we launched ECOPact green concrete last year and I am committed to ensuring its high pace roll-out worldwide. This year, we have a unique opportunity to accelerate the transition to sustainable construction with an unprecedented wave of government stimulus packages, focusing on infrastructure, with Europe at the forefront. I look forward to being part of the green recovery to build a net zero future."

ECOPact is the industry’s broadest range of green concrete, with a reduced CO2 footprint and recycled content. First launched in Germany in 2020, ECOPact broke new ground in sustainable building by enabling the construction of a carbon neutral nature conservation center in Bingen. ECOPact is now broadly adopted across 12 markets worldwide, with Europe leading the way, with broad adoption across Germany, France, Italy, UK, Poland, and Switzerland.

Advancing its "Building for Growth" strategy, LafargeHolcim completed eight bolt-on acquisitions in 2020 in the US, UK, Canada, Australia and Switzerland. The company anticipates further bolt-ons in 2021, accelerated by the development of its Solutions & Products segment.

ABOUT LAFARGEHOLCIM
As the world’s global leader in building solutions, LafargeHolcim is reinventing how the world builds to make it greener and smarter for all. On its way to becoming a net zero company, LafargeHolcim offers global solutions such as ECOPact, enabling carbon-neutral construction. With its circular business model, the company is a global leader in recycling waste as a source of energy and raw materials through products like Susteno, its leading circular cement. Innovation and digitalization are at the core of the company’s strategy, with more than half of its R&D projects dedicated to greener solutions. LafargeHolcim’s 70,000 employees are committed to improving quality of life across more than 70 markets through its four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.