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Europe & CIS

Voith becomes sole owner of ELIN Motoren

Since 01 May 2020 70% of ELIN Motoren GmbH has been owned by Voith Group. The other 30% of the company remained with the long-standing Managing Director Franz Hrachowitz. At the end of last year, the two parties agreed on the acquisition of the remaining stake.

 
 
 

Holcim divests cement business in Northern Ireland

The company has sold its cement business in Northern Ireland to Cookstown Cement Ltd for an Enterprise Value of CHF 70 million, covering a production capacity of 450 000 t.

 
 

MPA strengthens team with new appointments

The Mineral Products Association has appointed three new professionals to strengthen its core team following the merger with British Precast.

 
 
 
 

Holcim completes acquisition of PTB-Compaktuna

PTB offers a broad range of high-performance building solutions from adhesives and specialty mortars to finishings, adding to Holcim’s specialty systems portfolio in Europe.

 
 

HeidelbergCement continues share buyback programme

The second tranche in the amount of €300 to €350 million is scheduled to start within the first quarter of 2022 and is to be completed by the third quarter 2022 at the latest.

 

MPA merges with British Precast

British Precast, whose members include manufacturers of concrete masonry, paving slabs, structural sections and drainage systems, has merged with the Mineral Products Association (MPA) which represents all the UK’s cement makers, over 90% of aggregates producers and more than 70% of ready-mixed concrete suppliers.