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News Holcim Russia becomes Cementum

Holcim Russia becomes Cementum

Written by Global Cement staff 03 February 2023
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Russia: Holcim’s divested Russian business has rebranded as Cementum. Local management concluded a deal to buy the company from Switzerland-based Holcim in December 2022. The new ownership agreed to change the name upon completion of the transaction. Holcim Russia had been operating as a deconsolidated subsidiary of Holcim since March 2022, following Russia’s invasion of Ukraine.

Last modified on 08 February 2023
Published in Global Cement News
Tagged under
  • Russia
  • Holcim
  • Holcim Russia
  • Acquisition
  • Divestments
  • Deal
  • Brand
  • Sanctions
  • Ukraine
  • GCW594
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