- Holcim acquires Alkern, a French precast concrete manufacturer, with 2025 net sales estimated at EUR 250 million.
- Alkern has 1,000 employees and over 50 production sites in France and Belgium.
- The acquisition aims for EUR 11 million in synergies by year three and is EPS accretive in year one.
- Holcim targets 50% of net sales from Building Solutions by 2030.
Acquisition Overview
Holcim has completed the acquisition of Alkern, a prominent French manufacturer of precast concrete elements. Alkern is projected to achieve net sales of approximately EUR 250 million by 2025. This acquisition is part of Holcim's strategy to enhance its Building Solutions segment.
Alkern's Capabilities
Founded in 1972, Alkern employs 1,000 people and operates over 50 production sites across France and Belgium. The company offers a diverse range of building solutions, including walling, flooring, and water management systems, which complement Holcim's existing portfolio.
Strategic Goals
The acquisition supports Holcim's NextGen Growth 2030 target, aiming for Building Solutions to contribute 50% of the group's net sales by 2030. This strategic move is expected to generate run-rate synergies of EUR 11 million by the third year.
Financial Impact
The acquisition is anticipated to be earnings per share (EPS) accretive in the first year and return on invested capital (ROIC) accretive by the third year. These financial benefits underscore the value-accretive nature of the transaction.
