Holcim strengthens its position in decarbonization

2nd September 2024
-IAM, News

Daniel Pfund, Senior Financial Analyst

Holcim acquires Switzerland’s Cand-Landi Group to advance decarbonization and circular construction. With consolidated net sales of 70 million Swiss francs and 250 employees, Cand-Landi’s diversified activities range from recycling and waste management to aggregates and ready-mix concrete. The acquisition will accelerate the decarbonization of Holcim’s Eclépens plant by providing new sources of raw materials and alternative fuels. It will also enable Holcim to increase its capacity to recycle demolition materials into new construction solutions by 100’000 tons a year.

A leader in recycling in French-speaking Switzerland, the Cand-Landi Group has been family-owned for 128 years. Following a fruitful partnership between Holcim and Cand-Landi over many years, this acquisition will enable Holcim to offer customers even more comprehensive solutions in the fields of construction, logistics and the circular economy. With its high value-added rail logistics services and network, Cand-Landi diversifies Holcim’s activities while contributing to its goal of decarbonizing its own operations.

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