Holcim

Acquisition of Cand-Landi

  • Sectors : Building Materials
  • Companies : Holcim

Ratings and price correct at time of issue.

  • Holcim

    Closing Price: 7870chf

  • RATING 14/01/22

  • PREVIOUS RATING 20/04/20

    OUTPERFORM

Person's Name

Ross Harvey CFA

Analyst

DAVY VIEW

Holcim’s acquisition of Cand-Landi does not ‘move the needle’, but it affirms that incremental capital deployment in Europe will be focussed on recycling and/or green operations. This should provide low-cost alternative raw materials for its traditional business lines.

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Jun 24 2024, 08:25 IST/BST

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