Holcim Romania expands its aggregates division
Holcim Romania expands its aggregates division by acquiring Stones Business Development SRL, one of the main aggregates providers for the Bucharest-Ilfov area, the operator of Salcioara aggregates plant. The acquisition of the aggregates plant has received the approval of the Competition Council and the transaction was finalized on March 31, 2023.
”The development of the aggregates segment within Holcim is part of our development strategy at the local as well as global level. The aggregates segment represents an important pillar in the development of the construction sector. Through this acquisition and through its experience of over 25 years in the Romanian market, Holcim Romania will strengthen its position as a provider of integrated solutions on the market through its following business units: cement, ready-mix, aggregates, road binders, filler, precast and AAC. We are happy to extend the Holcim family through a new acquisition that will help us keep up with the fast-growing rhythm of the Bucharest-Ilfov construction area”, stated Bogdan Dobre, CEO Holcim Romania & Market Head Moldova.
Stones Business Development SRL, operating Salcioara aggregates plant, is one of the most important players in the aggregates segment in the Bucharest-Ilfov area, having 30 employees.
Holcim Romania owns other three aggregate plants located in Stancesti, Gligoresti and Corbii Mari. The integration of Salcioara aggregates plant into Holcim’s operations will be carried out immediately after the takeover of the company.