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Swiss building materials company Holcim has completed its purchase of Alkern, a French precast concrete manufacturer with about 1,000 employees and over 50 production sites in France and Belgium, which reported estimated net sales of around EUR 250 million in 2025. The deal strengthens Holcim's building solutions portfolio, offering products used in infrastructure, industrial and building projects. The acquisition is expected to be earnings accretive from the first year and generate operational synergies by the third year, supporting Holcim's strategic goal of deriving half of its sales from building solutions by 2030.
Holcim recently completed the acquisition of Alkern, a well-established maker of precast concrete elements in France and Belgium. Alkern operates over 50 production sites and employs approximately 1,000 people. The company's products include precast concrete components such as pipes, curbs, paving stones and other solutions for infrastructure, industry and buildings. Alkern's estimated net sales for 2025 were around EUR 250 million (about USD 293 million). No financial details of the transaction were publicly disclosed, but Holcim has indicated the acquisition will boost earnings from the first year. Advertisement
Holcim's move is consistent with its NextGen Growth 2030 strategy, where the group aims to generate 50 per cent of its net sales from its Building Solutions segment by 2030, up from about 37 per cent in the first nine months of 2025. The Alkern business adds a range of complementary products including walling, flooring and water-management systems that align with Holcim's high-value building solutions. Holcim expects the acquisition to deliver run-rate EBITDA synergies of about EUR 11 million by the third year, be accretive to earnings per share in the first year and improve return on invested capital in subsequent years.
Dragan Maksimovic, Holcim's head for West Europe, said Alkern's offerings are highly complementary to Holcim's portfolio and will expand the company's high-value building solutions. The integration of Alkern's workforce and operations into Holcim is expected to create further value and support the company's strategic growth objectives.
Source Reuters
5th Jun, 2025
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