Holcim Group

Holcim Group

Switzerland's Holcim plans to spin off US cement business

Switzerland's Holcim has announced plans to spin off its US cement business as part of a break-up strategy. The North American operations are set to be listed separately, following the unveiling of a new CEO. This move is aimed at streamlining the company's operations and focusing on its core business areas.

New CEO to lead the way

The decision to spin off the US cement business comes alongside the appointment of a new CEO, who will lead the company through this transition. With a renewed focus on its core operations, Holcim aims to strengthen its position in the market and drive growth in the coming years. The break-up plan is expected to bring about positive changes for the company and its shareholders.