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News Holcim sells cement business in Northern Ireland for Euro67m

Holcim sells cement business in Northern Ireland for Euro67m

Written by Global Cement staff 25 January 2022
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UK: Holcim has sold its cement business in Northern Ireland to Cookstown Cement for Euro67m. The latter is a newly formed local construction company established by a longstanding business partner of Holcim. It will take control of Holcim’s integrated 0.45Mt/yr Cookstown cement plant.

Miljan Gutovic, Region Head EMEA at Holcim, said, “This divestment advances our ‘Strategy 2025 – Accelerating Green Growth’ with a focus on consolidating our leadership in core markets to become the global leader in innovative and sustainable building solutions. With Cookstown Cement, we are pleased to have found a strategic and trusted owner for the business, better positioned to continue investing in its long term growth. We are delighted about Cookstown Cement’s vision, offering a solid platform for the team to continue to thrive.”

Last modified on 26 January 2022
Published in Global Cement News
Tagged under
  • UK
  • Holcim
  • Divestments
  • Northern Ireland
  • Cookstown Cement
  • Plant
  • GCW541

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