Cementos Molins consolidates its leadership in the concrete market in Catalonia with the purchase of the HeidelbergCement business

The transaction, in line with the strategy of profitable and sustainable growth, includes the acquisition of two concrete plants and two quarries.

The transaction, in line with the strategy of profitable and sustainable growth, includes the acquisition of two concrete plants and two quarries.

1 September 2021_CementosMolins, through its subsidiary PROMSA, has reached an agreement to purchase the aggregates and concrete business in Catalonia from Hanson Hispania, a subsidiary of HeidelbergCement. The transaction will consolidate Cementos Molins’ leadership in the concrete market in Catalonia, through its subsidiary PROMSA, and will be a catalyst to support the development of the Barcelona metropolitan area with sustainable structural concrete solutions for housing and infrastructure.

The agreement includes two concrete plants in the Zona Franca of Barcelona and in Montcada i Reixac, as well as a quarry in Begues (Baix Llobregat) and another in Llinars (Vallès Oriental).

“This operation will allow Cementos Molins to strengthen its presence in Spain and consolidate its leadership in sustainable concrete solutions in Catalonia,” says Julio Rodríguez, CEO of Cementos Molins. “The strategic location of the plants and quarries, close to the metropolitan area of Barcelona, responds to our commitment to offer more efficient and sustainable solutions,” he adds.

The acquisition of the HeidelbergCement business will result in the integration of 41 employees and a turnover of approximately EUR 18 million. The transaction is expected to close in early 2022 and is subject to regulatory approval. In the meantime, both companies will continue to operate independently until the completion of the acquisition process.

This is the fourth acquisition announced by Cementos Molins in 2021, following the takeover of Escofet, a benchmark in architectural concrete and urban spaces, the purchase of a white cement facility in Spain from the Çimsa group, and the agreement to purchase Calucem, the world’s second largest producer of calcium aluminate cement (CAC).

About Cementos Molins. At Cementos Molins we have been creating products and developing innovative and sustainable solutions for the construction sector for more than 90 years, contributing to the development of society, the quality of life of people and the protection of the environment. We currently operate in Spain, Mexico, Argentina, Uruguay, Bolivia, Colombia, Tunisia, Bangladesh and India. Our integrated model includes the businesses of aggregates, cement, concrete, mortars, prefabricated products, urban environment and architectural façades, as well as waste recovery. Our long history has been made possible by our team of more than 5,000 employees in nine countries and on four continents, working every day with passion, respect and integrity.