Germany: HeidelbergCement has completed the disposal of its lime business in Germany to the Belgian Lhoist Group. Both companies agreed not to disclose any details about the transaction.
The HeidelbergCement assets comprised two lime plants in Germany, the Walhalla Kalkwerk in Regensburg, Bavaria and Kalkwerk Istein in Istein, Baden-Württemberg. Both lime plants were modernised in recent years with modern kiln technology. They generated a turnover of about Euro45m in 2014 and employed approximately 180 people.