Company type | Division |
---|---|
Industry | Building materials |
Founded | 1912 |
Headquarters | , Switzerland |
Key people | Miljan Gutovic (CEO) Jan Jenisch (Chairman) |
Products | Cement, construction aggregate, concrete |
Revenue | CHF 27.009 billion (2023)[1] |
CHF 4.577 billion (2023)[1] | |
CHF 3.176 billion (2023)[1] | |
Total assets | CHF 52.69 billion (end 2023)[1] |
Total equity | CHF 26.78 billion (end 2023)[1] |
Number of employees | 63,448 (2023)[1] |
Parent | Holcim Group |
Holcim is a Swiss-based global building materials and aggregates flagship division of the Holcim Group. The original company was merged on 10 July 2015 with Lafarge 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.
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.