Since 1996, from a medium-sized Italian player, "single-country and single-product", Cementir Holding has become a multinational company with a global presence and a diversified business portfolio of white and grey cement, concrete and aggregates.
Our international growth path
Since 1996 we have increased EBITDA about twenty times without any capital increase. All our growth was supported by the operating cash flow. We have successfully diversified our portfolio both geographically and by product, adding to our core business of cement an important presence in aggregates and concrete. We also invested in green technologies and renewable resources, creating an active business in the waste business, serving the energy needs of our cement plants
We have become a global player through investments and acquisitions of over 1.7 billion euros. In recent years we have significantly strengthened our business portfolio, acquiring CCB in Belgium in 2016, selling manufacturing activities in Italy in 2018 and then acquiring the majority of LWCC in the United States, the richest and most promising white cement market in the world.
Our competitive position has come out stronger, thanks also to our leading positions in Denmark and Belgium, where we are first and third respectively in cement and concrete production, and in Turkey, where we are among the main international cement producers.
Main transactions undertaken since 2001
|Ege Kirmatas||Acquisition||Turkey||2021||4.0||23-Nov-21||Not available|
|Lehigh White Cement LLC||Acquisition||USA||2018||87||14-Feb-18||Press release|
|Cementir Italia, Betontir, Cementir Sacci SpA||Divestment||Italy||2017||315||19-Sept-17||Press release|
|Compagnie des Ciments Belges SA||Acquisition||Belgium, France||2016||312||25-Jul-16||Press release|
|Sacci SpA||Acquisition||Italy||2015||125||29-Dec-15||Press release|
|Aalborg Portland Malaysia||Divestment (30% stake)||Malaysia||2012||22.6||03-Dec-12||Press release|
|Neales Waste Management Holdings Ltd||Acquisition||United Kingdom||2012||11||04-Jul-12||Press release|
|Kudsk & Dahl A/S||Acquisition||Denmark||2008||21||03-Mar-08||Press release|
|Elazig Cimento SA||Acquisition||Turkey||2006||91.7||01-Aug-06||Press release|
|4K-Beton A/S*||Acquisition||Denmark||2005||10*||12-Dec-05||Press release|
|Aalborg Poland Spzoo *||Divestment||Polonia||2005||ND||12-Dec-05||Press release|
|Edirne plant||Acquisition||Turkey||2005||138.8||10-Oct-05||Press release|
|Vianini Pipe Inc||Acquisition||USA||2005||12||30-Jun-05||Press release|
|Aalborg Portland and Unicon A/S||Acquisition||Denmark||2004||572||12-Aug-04||Press release|
|Cimentas and Cimbeton||Acquisition||Turkey||2001||254||10-Sept-01||Not available|
* Sale of Poland and purchase of 4K-Beton determined a Euro 10 million net cash outlay for Cementir Group.