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Available in 18 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-18" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">18 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D9%87%D9%88%D9%84%D8%B3%D9%8A%D9%85_(%D8%B4%D8%B1%D9%83%D8%A9)" title="هولسيم (شركة) – Arabic" lang="ar" hreflang="ar" data-title="هولسيم (شركة)" data-language-autonym="العربية" data-language-local-name="Arabic" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-azb mw-list-item"><a href="https://azb.wikipedia.org/wiki/%D9%87%D9%88%D9%84%D8%B3%DB%8C%D9%85" title="هولسیم – South Azerbaijani" lang="azb" hreflang="azb" data-title="هولسیم" data-language-autonym="تۆرکجه" data-language-local-name="South Azerbaijani" class="interlanguage-link-target"><span>تۆرکجه</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/Holcim" title="Holcim – Catalan" lang="ca" hreflang="ca" data-title="Holcim" data-language-autonym="Català" data-language-local-name="Catalan" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/Holcim" title="Holcim – Danish" lang="da" hreflang="da" data-title="Holcim" data-language-autonym="Dansk" data-language-local-name="Danish" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/Holcim" title="Holcim – German" lang="de" hreflang="de" data-title="Holcim" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/Holcim" title="Holcim – Spanish" lang="es" hreflang="es" data-title="Holcim" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D9%87%D9%88%D9%84%D8%B3%DB%8C%D9%85" title="هولسیم – Persian" lang="fa" hreflang="fa" data-title="هولسیم" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Holcim" title="Holcim – French" lang="fr" hreflang="fr" data-title="Holcim" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%ED%99%80%EC%8B%AC" title="홀심 – Korean" lang="ko" hreflang="ko" data-title="홀심" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Holcim" title="Holcim – Indonesian" lang="id" hreflang="id" data-title="Holcim" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/Holcim" title="Holcim – Italian" lang="it" hreflang="it" data-title="Holcim" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-ms mw-list-item"><a href="https://ms.wikipedia.org/wiki/Holcim" title="Holcim – Malay" lang="ms" hreflang="ms" data-title="Holcim" data-language-autonym="Bahasa Melayu" data-language-local-name="Malay" class="interlanguage-link-target"><span>Bahasa Melayu</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E3%83%9B%E3%83%AB%E3%82%B7%E3%83%A0%E3%82%B0%E3%83%AB%E3%83%BC%E3%83%97" title="ホルシムグループ – Japanese" lang="ja" hreflang="ja" data-title="ホルシムグループ" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/Holcim" title="Holcim – Polish" lang="pl" hreflang="pl" data-title="Holcim" data-language-autonym="Polski" data-language-local-name="Polish" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Holcim" title="Holcim – Portuguese" lang="pt" hreflang="pt" data-title="Holcim" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ro mw-list-item"><a href="https://ro.wikipedia.org/wiki/Holcim" title="Holcim – Romanian" lang="ro" hreflang="ro" data-title="Holcim" data-language-autonym="Română" data-language-local-name="Romanian" class="interlanguage-link-target"><span>Română</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Holcim" title="Holcim – Turkish" lang="tr" hreflang="tr" data-title="Holcim" data-language-autonym="Türkçe" data-language-local-name="Turkish" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wikipedia.org/wiki/%E9%9C%8D%E7%88%BE%E5%B8%8C%E5%A7%86" title="霍爾希姆 – Chinese" lang="zh" hreflang="zh" data-title="霍爾希姆" data-language-autonym="中文" data-language-local-name="Chinese" class="interlanguage-link-target"><span>中文</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q267818#sitelinks-wikipedia" title="Edit interlanguage links" class="wbc-editpage">Edit links</a></span></div> </div> </div> </div> </header> <div class="vector-page-toolbar"> <div class="vector-page-toolbar-container"> <div id="left-navigation"> <nav aria-label="Namespaces"> <div id="p-associated-pages" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-associated-pages" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> 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class="vector-body" aria-labelledby="firstHeading" data-mw-ve-target-container> <div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Swiss building materials and aggregates company, division of the Holcim Group</div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">For the parent company, see <a href="/wiki/Holcim_Group" title="Holcim Group">Holcim Group</a>.</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">Holcim</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:LogoHolcim2021.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/a/a2/LogoHolcim2021.svg/220px-LogoHolcim2021.svg.png" decoding="async" width="220" height="52" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/a/a2/LogoHolcim2021.svg/330px-LogoHolcim2021.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/a/a2/LogoHolcim2021.svg/440px-LogoHolcim2021.svg.png 2x" data-file-width="284" data-file-height="67" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Division_(business)" title="Division (business)">Division</a></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/Building_material" title="Building material">Building materials</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1912<span class="noprint">; 112 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">1912</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-locality locality"><a href="/wiki/Zug" title="Zug">Zug</a></div>, <div class="ib-company-country country-name">Switzerland</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Miljan Gutovic (<a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a>) Jan Jenisch (<a href="/wiki/Chairman" class="mw-redirect" title="Chairman">Chairman</a>)</td></tr><tr><th scope="row" class="infobox-label">Products</th><td class="infobox-data"><a href="/wiki/Cement" title="Cement">Cement</a>, <a href="/wiki/Construction_aggregate" title="Construction aggregate">construction aggregate</a>, <a href="/wiki/Concrete" title="Concrete">concrete</a></td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><a href="/wiki/Swiss_franc" title="Swiss franc">CHF</a> 27.009 billion (2023)<sup id="cite_ref-AR2023_1-0" class="reference"><a href="#cite_note-AR2023-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Earnings_before_interest_and_taxes" title="Earnings before interest and taxes">Operating income</a></div></th><td class="infobox-data">CHF 4.577 billion (2023)<sup id="cite_ref-AR2023_1-1" class="reference"><a href="#cite_note-AR2023-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data">CHF 3.176 billion (2023)<sup id="cite_ref-AR2023_1-2" class="reference"><a href="#cite_note-AR2023-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data">CHF 52.69 billion (end 2023)<sup id="cite_ref-AR2023_1-3" class="reference"><a href="#cite_note-AR2023-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Equity_(finance)" title="Equity (finance)">Total equity</a></span></th><td class="infobox-data">CHF 26.78 billion (end 2023)<sup id="cite_ref-AR2023_1-4" class="reference"><a href="#cite_note-AR2023-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">63,448 (2023)<sup id="cite_ref-AR2023_1-5" class="reference"><a href="#cite_note-AR2023-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Parent_company" class="mw-redirect" title="Parent company">Parent</a></th><td class="infobox-data"><a href="/wiki/Holcim_Group" title="Holcim Group">Holcim Group</a></td></tr></tbody></table> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Holcim_Depot_Port_Of_Onehunga.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/9/91/Holcim_Depot_Port_Of_Onehunga.jpg/240px-Holcim_Depot_Port_Of_Onehunga.jpg" decoding="async" width="240" height="180" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/91/Holcim_Depot_Port_Of_Onehunga.jpg/360px-Holcim_Depot_Port_Of_Onehunga.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/91/Holcim_Depot_Port_Of_Onehunga.jpg/480px-Holcim_Depot_Port_Of_Onehunga.jpg 2x" data-file-width="1600" data-file-height="1200" /></a><figcaption>Holcim depot on the <a href="/wiki/Port_of_Onehunga" class="mw-redirect" title="Port of Onehunga">Port of Onehunga</a> grounds, <a href="/wiki/Manukau_Harbour" title="Manukau Harbour">Manukau Harbour</a>, <a href="/wiki/Auckland" title="Auckland">Auckland</a>, New Zealand.</figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Holcim-Dotternhausen-271215.JPG" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/68/Holcim-Dotternhausen-271215.JPG/240px-Holcim-Dotternhausen-271215.JPG" decoding="async" width="240" height="160" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/68/Holcim-Dotternhausen-271215.JPG/360px-Holcim-Dotternhausen-271215.JPG 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/68/Holcim-Dotternhausen-271215.JPG/480px-Holcim-Dotternhausen-271215.JPG 2x" data-file-width="6000" data-file-height="4000" /></a><figcaption>Holcim factory in <a href="/wiki/Dotternhausen" title="Dotternhausen">Dotternhausen</a>, <a href="/wiki/Baden-W%C3%BCrttemberg" title="Baden-Württemberg">Baden-Württemberg</a>, Germany.</figcaption></figure> <p><b>Holcim</b> is a Swiss-based global <a href="/wiki/Building_material" title="Building material">building materials</a> and <a href="/wiki/Construction_aggregate" title="Construction aggregate">aggregates</a> flagship division of the <a href="/wiki/Holcim_Group" title="Holcim Group">Holcim Group</a>. The original company was merged on 10 July 2015 with <a href="/wiki/Lafarge_(company)" title="Lafarge (company)">Lafarge</a> to form LafargeHolcim as the new company and renamed to Holcim Group in 2021. The Holcim brand remained active within the group when the merger was completed. </p><p>Founded in 1912, the company expanded into France and Europe and the Middle East during the 1920s. They expanded in the Americas during the 1950s and went public in 1958. The company continued to expand in Latin America and added Asian divisions during the 1970s and 1980s. A series of mergers and buyouts made Holcim one of the two largest cement manufacturers worldwide by 2014, roughly tied with rival Lafarge. In April 2014, the two companies agreed to a US$60 billion "merger of equals". The company was the market leader in cement production in Australia, Azerbaijan, India, Slovakia, Switzerland, and Latin America. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Overview">Overview</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Holcim&action=edit&section=1" title="Edit section: Overview"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Holcim is headquartered in <a href="/wiki/Zug" title="Zug">Zug</a>, Switzerland, and holds interests in more than 70 countries worldwide. They employ over 63,000 people.<sup id="cite_ref-form_2-0" class="reference"><a href="#cite_note-form-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> Subsidiaries include St. Lawrence Cement (Canada), <a href="/wiki/Aggregate_Industries" title="Aggregate Industries">Aggregate Industries</a> (the UK), and Holcim Apasco (Mexico). The company's products include cement, clinker, concrete, lime, aggregates, and roofing materials.<sup id="cite_ref-Yahoo_3-0" class="reference"><a href="#cite_note-Yahoo-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> They also offer consulting services, third-party research and development, and land waste management services.<sup id="cite_ref-Yahoo_3-1" class="reference"><a href="#cite_note-Yahoo-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-BizWeek_4-0" class="reference"><a href="#cite_note-BizWeek-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> Their largest business segment is manufacturing and distributing cement and aggregates.<sup id="cite_ref-BizWeek_4-1" class="reference"><a href="#cite_note-BizWeek-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> As of 2014, Holcim's annual production capacity was 215 million tons.<sup id="cite_ref-Yahoo_3-2" class="reference"><a href="#cite_note-Yahoo-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> It has a BBB credit rating according to <a href="/wiki/Fitch_Ratings" title="Fitch Ratings">Fitch Ratings</a>, affirmed on March 11 2024.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p><p>Holcim is the cement market leader in Australia, Azerbaijan, India, Slovakia, Switzerland, and Latin America. It is among the top few producers throughout Europe, North America, and Asia.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> Globally, Holcim and <a href="/wiki/Lafarge_(company)" title="Lafarge (company)">Lafarge</a> are the two largest producers in terms of sales as of 2014.<sup id="cite_ref-hurdles_7-0" class="reference"><a href="#cite_note-hurdles-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> </p><p>In 2024, Holcim announced its plans to add 1,000 units of the battery-electric truck from Mercedes-Benz Trucks to its European fleet, with both companies signing a joint letter of intent for this purpose. The volume represents the most significant planned single order for the eActros 600, which has contributed to the achievement of the sustainability goals of both companies.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> </p><p>Also, in 2024, Holcim announced plans to spin off its North American business, listing the North American business with a full capital market separation.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Holcim&action=edit&section=2" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Foundation_and_development">Foundation and development</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Holcim&action=edit&section=3" title="Edit section: Foundation and development"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Holcim was founded by Adolf Gygi in 1912 as "Aargauische Portlandcementfabrik Holderbank-Wildegg".<sup id="cite_ref-history_10-0" class="reference"><a href="#cite_note-history-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-history100_11-0" class="reference"><a href="#cite_note-history100-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> The original headquarters were in <a href="/wiki/Holderbank,_Aargau" title="Holderbank, Aargau">Holderbank</a>, (<a href="/wiki/Lenzburg_(district)" class="mw-redirect" title="Lenzburg (district)">Lenzburg district</a>, Canton of <a href="/wiki/Aargau" title="Aargau">Aargau</a>).<sup id="cite_ref-history_10-1" class="reference"><a href="#cite_note-history-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> In 1914, the company merged with "Rheintalischen Cementfabrik Rüthi" owned by Ernst Schmidheiny. Schmidheiny took over leadership duties and began the company on a course of expansion.<sup id="cite_ref-history100_11-1" class="reference"><a href="#cite_note-history100-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>In 1922, Holderbank, as the company was then known, expanded beyond the Swiss borders into France. Schmidheiny continued to expand, primarily by buying stakes in existing companies. By the end of the decade Holderbank held stakes in Belgium, Germany, the Netherlands, and Egypt.<sup id="cite_ref-history100_11-2" class="reference"><a href="#cite_note-history100-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> Positions in Lebanon and South Africa soon followed.<sup id="cite_ref-history_10-2" class="reference"><a href="#cite_note-history-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> Schmidheiny died in the 1930s and his sons, Ernst Jr. and <a href="/wiki/Max_Schmidheiny" title="Max Schmidheiny">Max</a>, took over the business, splitting it into two divisions. Ernst took over the Holderbank building materials business, while Max oversaw the other lines. This organization scheme remained in place until the 1970s.<sup id="cite_ref-history100_11-3" class="reference"><a href="#cite_note-history100-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>After World War II, Hans Gygi, son of Adolf Gygi, took over leadership. He oversaw the company during the Swiss housing boom of the 1950s, and as Holderbank expanded into Canada, then throughout North and South America. The company went public in 1958 in order to raise more capital to fuel further expansion. <a href="/wiki/Hydroelectric" class="mw-redirect" title="Hydroelectric">Hydroelectric</a> projects in Switzerland generated large concrete contracts, offsetting losses in Egypt when the country's government nationalized Holderbank's factories.<sup id="cite_ref-history100_11-4" class="reference"><a href="#cite_note-history100-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>During the early 1970s, growth in Brazil and Mexico improved the company's bottom line. The Schmidheiny brothers convinced shareholders that the company should consolidate holdings and merge with Schweizerischen Cement-Industrie-Gesellschaft. The combined company had annual revenue of 800 million <a href="/wiki/Swiss_franc" title="Swiss franc">Swiss francs</a> and established Holderbank as one of the industry's largest companies worldwide. The oil crisis of 1973 hit the industry hard as construction demand dried up in much of the world. Strong markets in Lebanon and South Africa allowed Holderbank to weather the storm. By 1976, revenue and profits had returned to pre-crisis levels.<sup id="cite_ref-history100_11-5" class="reference"><a href="#cite_note-history100-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>In the late 1970s and early 1980s, Holderbank continued its expansion in Latin America and expanded into Asia and Spain for the first time. <a href="/wiki/Thomas_Schmidheiny" title="Thomas Schmidheiny">Thomas Schmidheiny</a> took over leadership, overseeing the company as in expanded into Eastern Europe and experienced a boom in Spanish construction preceding the <a href="/wiki/1992_Summer_Olympics" title="1992 Summer Olympics">1992 Summer Olympics</a>. By 1986, Holderbank was the world's largest cement manufacturer. In the 1990s, the company consolidated its European holdings as the American market drove growth. Expansion into Eastern Europe and Russia continued.<sup id="cite_ref-history100_11-6" class="reference"><a href="#cite_note-history100-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>In 2001, the company changed its name from "Holderbank Financière Glaris" to Holcim (short for <u>Hol</u>derbank <u>cim</u>ent).<sup id="cite_ref-history_10-3" class="reference"><a href="#cite_note-history-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> Asia drove growth in the 2000s, as the company saw more than 50% of its business come from emerging markets.<sup id="cite_ref-history100_11-7" class="reference"><a href="#cite_note-history100-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> In 2005, Holcim purchased <a href="/wiki/Aggregate_Industries" title="Aggregate Industries">Aggregate Industries</a> for US$4.1 billion, entering the United Kingdom for the first time.<sup id="cite_ref-form_2-1" class="reference"><a href="#cite_note-form-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> That year, the company also expanded into India by acquiring a stakes in The <a href="/wiki/Associated_Cement_Companies" class="mw-redirect" title="Associated Cement Companies">Associated Cement Companies</a> (ACC) and Ambuja Cement Eastern. In 2008, Holcim became the largest shareholder of China's Huaxin Cement with a 40% stake. In 2009, they acquired Cemex Australia.<sup id="cite_ref-history100_11-8" class="reference"><a href="#cite_note-history100-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>In February 2012, Bernard Fontana became the first CEO of Holcim that was not part of the founding families.<sup id="cite_ref-form_2-2" class="reference"><a href="#cite_note-form-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Merger_with_Lafarge">Merger with Lafarge</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Holcim&action=edit&section=4" title="Edit section: Merger with Lafarge"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On 7 April 2014, Holcim and Lafarge announced they had agreed to terms on a "merger of equals" valued at nearly $60 billion. The merger entails 10 Lafarge shares being converted into 9 Holcim shares. Holders of 86% of Lafarge shares accepted this offer in June 2015, according to Holcim, meaning that the merger would proceed.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> The new company would be based in Switzerland and have a manufacturing capacity of 427 million tons a year, which would vastly exceed the 227 million ton capacity of current industry leader <a href="/wiki/Anhui_Conch" class="mw-redirect" title="Anhui Conch">Anhui Conch</a>.<sup id="cite_ref-hurdles_7-1" class="reference"><a href="#cite_note-hurdles-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> Lafarge <a href="/wiki/Chief_Executive_Officer" class="mw-redirect" title="Chief Executive Officer">Chief Executive Officer</a> Bruno Lafont will lead the new company, while Holcim's Wolfgang Reitzle will be chairman.<sup id="cite_ref-form_2-3" class="reference"><a href="#cite_note-form-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> Executives from both companies said the deal will save the new company 1.4 billion euros (US$1.9 billion) annually and create "the most advanced group in the building materials industry."<sup id="cite_ref-hurdles_7-2" class="reference"><a href="#cite_note-hurdles-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> </p><p>Analysts said the deal could lead to further mergers within the industry and give competitors a chance to pick up assets at a bargain price.<sup id="cite_ref-form_2-4" class="reference"><a href="#cite_note-form-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Notes_and_references">Notes and references</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Holcim&action=edit&section=5" title="Edit section: Notes and references"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output 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a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"> <a rel="nofollow" class="external text" href="https://www.holcim.com/sites/holcim/files/2024-03/28022024-finance-holcim-fy-2023-report-en.pdf">https://www.holcim.com/sites/holcim/files/2024-03/28022024-finance-holcim-fy-2023-report-en.pdf</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft_id=https%3A%2F%2Fwww.holcim.com%2Fsites%2Fholcim%2Ffiles%2F2024-03%2F28022024-finance-holcim-fy-2023-report-en.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AHolcim" class="Z3988"></span> <span class="cs1-visible-error citation-comment"><code class="cs1-code">{{<a href="/wiki/Template:Cite_web" title="Template:Cite web">cite web</a>}}</code>: </span><span class="cs1-visible-error citation-comment">Missing or empty <code class="cs1-code">|title=</code> (<a href="/wiki/Help:CS1_errors#citation_missing_title" title="Help:CS1 errors">help</a>)</span></span> </li> <li id="cite_note-form-2"><span class="mw-cite-backlink">^ <a href="#cite_ref-form_2-0"><sup><i><b>a</b></i></sup></a> <a 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href="/wiki/Blue_Circle" class="mw-redirect" title="Blue Circle">Blue Circle</a></li> <li><a href="/wiki/Hima_Cement_Limited" title="Hima Cement Limited">Hima Cement Limited</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Holcim_Foundation_for_Sustainable_Construction" title="Holcim Foundation for Sustainable Construction">Holcim Foundation for Sustainable Construction</a> <ul><li><a href="/wiki/Holcim_Awards_for_Sustainable_Construction" class="mw-redirect" title="Holcim Awards for Sustainable Construction">Awards</a></li></ul></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox authority-control" aria-labelledby="Authority_control_databases_frameless&#124;text-top&#124;10px&#124;alt=Edit_this_at_Wikidata&#124;link=https&#58;//www.wikidata.org/wiki/Q267818#identifiers&#124;class=noprint&#124;Edit_this_at_Wikidata" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Authority_control_databases_frameless&#124;text-top&#124;10px&#124;alt=Edit_this_at_Wikidata&#124;link=https&#58;//www.wikidata.org/wiki/Q267818#identifiers&#124;class=noprint&#124;Edit_this_at_Wikidata" style="font-size:114%;margin:0 4em"><a href="/wiki/Help:Authority_control" title="Help:Authority control">Authority control databases</a> <span class="mw-valign-text-top noprint" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q267818#identifiers" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">International</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://viaf.org/viaf/147596825">VIAF</a></span></li></ul></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">National</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://d-nb.info/gnd/10021999-8">Germany</a></span><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://d-nb.info/gnd/10055683-8">2</a></span></li></ul></li></ul></div></td></tr></tbody></table></div> <style data-mw-deduplicate="TemplateStyles:r1130092004">.mw-parser-output .portal-bar{font-size:88%;font-weight:bold;display:flex;justify-content:center;align-items:baseline}.mw-parser-output .portal-bar-bordered{padding:0 2em;background-color:#fdfdfd;border:1px solid #a2a9b1;clear:both;margin:1em auto 0}.mw-parser-output .portal-bar-related{font-size:100%;justify-content:flex-start}.mw-parser-output .portal-bar-unbordered{padding:0 1.7em;margin-left:0}.mw-parser-output .portal-bar-header{margin:0 1em 0 0.5em;flex:0 0 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.navbox+link+.portal-bar,.mw-parser-output .navbox+style+.portal-bar,.mw-parser-output .navbox+link+.portal-bar-bordered,.mw-parser-output .navbox+style+.portal-bar-bordered,.mw-parser-output .sister-bar+link+.portal-bar,.mw-parser-output .sister-bar+style+.portal-bar,.mw-parser-output .portal-bar+.navbox-styles+.navbox,.mw-parser-output .portal-bar+.navbox-styles+.sister-bar{margin-top:-1px}</style><div class="portal-bar noprint metadata noviewer portal-bar-bordered" role="navigation" aria-label="Portals"><span class="portal-bar-header"><a href="/wiki/Wikipedia:Contents/Portals" title="Wikipedia:Contents/Portals">Portals</a>:</span><ul class="portal-bar-content"><li class="portal-bar-item"><span class="nowrap"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/2a/Industry5.svg/19px-Industry5.svg.png" decoding="async" width="19" height="19" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/2a/Industry5.svg/29px-Industry5.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/2a/Industry5.svg/38px-Industry5.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span> </span><a href="/wiki/Portal:Companies" title="Portal:Companies">Companies</a></li><li class="portal-bar-item"><span class="nowrap"><span class="mw-image-border" typeof="mw:File"><span><img alt="flag" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Flag_of_Switzerland.svg/19px-Flag_of_Switzerland.svg.png" decoding="async" width="19" height="19" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Flag_of_Switzerland.svg/29px-Flag_of_Switzerland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Flag_of_Switzerland.svg/38px-Flag_of_Switzerland.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span> </span><a href="/wiki/Portal:Switzerland" title="Portal:Switzerland">Switzerland</a></li></ul></div> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-13">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.holcim.com/sites/holcim/files/2024-03/28022024-finance-holcim-fy-2023-report-en.pdf">"Holcim 2023 Integrated Annual Report"</a> <span class="cs1-format">(PDF)</span>. <i>Holcim Company Website</i>. 28 February 2024<span class="reference-accessdate">. Retrieved <span class="nowrap">25 August</span> 2024</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Holcim+Company+Website&rft.atitle=Holcim+2023+Integrated+Annual+Report&rft.date=2024-02-28&rft_id=https%3A%2F%2Fwww.holcim.com%2Fsites%2Fholcim%2Ffiles%2F2024-03%2F28022024-finance-holcim-fy-2023-report-en.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AHolcim" class="Z3988"></span></span> </li> </ol></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1&useformat=desktop" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Holcim&oldid=1255636575">https://en.wikipedia.org/w/index.php?title=Holcim&oldid=1255636575</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:1912_establishments_in_Switzerland" title="Category:1912 establishments in Switzerland">1912 establishments in Switzerland</a></li><li><a href="/wiki/Category:Cement_companies_of_Switzerland" title="Category:Cement companies of Switzerland">Cement companies of Switzerland</a></li><li><a href="/wiki/Category:Companies_based_in_Zug" title="Category:Companies based in Zug">Companies based in Zug</a></li><li><a href="/wiki/Category:Manufacturing_companies_established_in_1912" title="Category:Manufacturing companies established in 1912">Manufacturing companies established in 1912</a></li><li><a href="/wiki/Category:Swiss_brands" title="Category:Swiss brands">Swiss brands</a></li><li><a href="/wiki/Category:Holcim_Group" title="Category:Holcim Group">Holcim Group</a></li><li><a href="/wiki/Category:Swiss_companies_established_in_1912" title="Category:Swiss companies established in 1912">Swiss companies established in 1912</a></li><li><a href="/wiki/Category:2015_mergers_and_acquisitions" title="Category:2015 mergers and acquisitions">2015 mergers and acquisitions</a></li><li><a href="/wiki/Category:Companies_formerly_listed_on_the_SIX_Swiss_Exchange" title="Category:Companies formerly listed on the SIX Swiss Exchange">Companies formerly listed on the SIX Swiss Exchange</a></li></ul></div><div id="mw-hidden-catlinks" class="mw-hidden-catlinks mw-hidden-cats-hidden">Hidden categories: <ul><li><a href="/wiki/Category:CS1_errors:_missing_title" title="Category:CS1 errors: missing title">CS1 errors: missing title</a></li><li><a href="/wiki/Category:CS1_errors:_bare_URL" title="Category:CS1 errors: bare URL">CS1 errors: bare URL</a></li><li><a href="/wiki/Category:Articles_with_short_description" title="Category:Articles with short description">Articles with short description</a></li><li><a href="/wiki/Category:Short_description_is_different_from_Wikidata" title="Category:Short description is different from Wikidata">Short description is different from Wikidata</a></li><li><a href="/wiki/Category:Use_dmy_dates_from_April_2015" title="Category:Use dmy dates from April 2015">Use dmy dates from April 2015</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 5 November 2024, at 22:47<span class="anonymous-show"> (UTC)</span>.</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. 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