Holcim Expands into Canadian Precast Concrete Market with Langley Acquisition

Holcim ( (CH:HOLN) ) has shared an update.

Holcim has acquired Langley Concrete Group Inc., marking its entry into the precast concrete market in British Columbia. This acquisition enhances Holcim’s capabilities in the infrastructure sector, adding two production facilities and expanding its product portfolio to include essential components for municipal, commercial, and industrial projects. The move is expected to provide long-term opportunities for both Langley’s employees and customers, aligning with Holcim’s growth strategy and commitment to quality and service.

The most recent analyst rating on (CH:HOLN) stock is a Buy with a CHF108.00 price target. To see the full list of analyst forecasts on Holcim stock, see the CH:HOLN Stock Forecast page.

More about Holcim

Holcim is a global leader in innovative and sustainable building solutions, with net sales of CHF 26.4 billion in 2024. The company employs 65,000 people and focuses on improving living standards through advanced solutions like sustainable building materials ECOPact and ECOPlanet, circular technology ECOCycle®, and advanced roofing and insulation systems.

Average Trading Volume: 1,357,624

Current Market Cap: CHF50.29B

For an in-depth examination of HOLN stock, go to TipRanks’ Stock Analysis page.