Found an error?
Report now
Recycling construction material is transported on a conveyor belt. (symbolic image)
Keystone
Cement manufacturer Holcim has made another acquisition in the field of construction waste recycling. According to a statement on Monday, Holcim has taken over the Belgian company Mark Desmedt.
The company is reportedly the leading recycler of demolition waste in Belgium. Mark Desmedt recycles around 500,000 tons of construction waste in the Brussels and Antwerp regions every year. This figure is set to rise to 10 million tons of construction waste per year in the future.
Founded in 1989 as a family business, Mark Desmedt will spread Holcim's Eco-Cycle technology "throughout Belgium, making the circular economy an engine for profitable growth," Holcim CEO Miljan Gutovic is quoted as saying in the press release.
This is Holcim's fourth acquisition in the circular construction sector this year. Holcim has already acquired the Cand-Landi Group in Switzerland, the company Land Recovery in the UK and the company Mendiger Basalt in Germany.
08.07.2024, 07:22
