Amrize Form 10 publicly filed with US Securities and Exchange Commission for planned spin-off
Published by Alfie Lloyd-Perks,
Editorial Assistant
World Cement,
Holcim is taking an important step in the planned listing of its North American business with Amrize publicly filing its Form 10 Registration Statement with the US Securities and Exchange Commission (SEC). Following the planned spin-off, Amrize will be the largest building solutions company focused exclusively on the North American market. It will offer its customers a broad range of advanced building solutions from foundation to rooftop across all construction markets.
Amrize has achieved a strong track record of profitable growth supported by its market-leading positions, value-accretive acquisitions and focus on shareholder value creation. In 2024, Amrize generated US$11.7 billion of revenue with Adjusted EBITDA of US$3.2 billion and an Adjusted EBITDA margin of 27%. The Amrize historical financial statements have been prepared on a 'carve-out' basis under US GAAP and are available in the Form 10.
Jan Jenisch, Chairman of Holcim: “Today’s filing marks an important step towards the planned listing of Amrize and our ambition to become North America’s leading building solutions company from foundation to rooftop. With our strong financial position and track record of profitable growth across all construction markets, we aim to be the partner of choice for our North American customers and unlock value for all stakeholders.”
Amrize is strongly positioned to capitalise on North America’s US$2 trillion of construction spending each year. Its two business segments, Building Materials and Building Envelope, will offer customers a broad range of building solutions from core materials like cement, ready-mix concrete and aggregates to advanced envelope systems from roofing to insulation. Growing its market leading brands, from OneCem to Elevate, Amrize will serve all construction markets across infrastructure, commercial and residential and from new build to repair and refurbishment. With 19 000 employees, and a leading footprint that includes operational headquarters in Chicago and a production and distribution network of over 1000 facilities, Amrize will serve all US states and Canadian provinces.
Holcim plans to host an Investor Day for Amrize on March 25, 2025 in New York City to present Amrize’s strategy, business plan and capital allocation priorities.
Holcim expects to complete the planned spin-off by the end of the first half of 2025, subject to customary approvals, including the Form 10 being declared effective by the SEC and final approval of the spin-off by Holcim shareholders at Holcim’s 2025 Annual General Meeting on May 14, 2025.
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Read the article online at: https://www.worldcement.com/the-americas/28022025/amrize-form-10-publicly-filed-with-us-securities-and-exchange-commission-for-planned-spin-off/
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