Holcim has completed two acquisitions of demolition materials recycling businesses and agreed to make a third, as it accelerates circular construction across Europe. The three companies have a combined annual permitted processing capacity of around 1.3 million tons. Holcim has closed the acquisition of Thames Materials, a leading recycler of construction demolition materials in West London and its surrounding counties, and acquired a majority stake in the recycling business of A&S Recycling GmbH, a Hanover-based company operating in North Germany.
Holcim has also agreed to acquire a recycler of construction demolition materials in Northwest France. The acquisitions will scale Holcim?s circular construction technology ECOCycle®. With West London-based Thames Materials, Holcim is now able to provide circular construction services to the whole Greater London area.
The transaction follows Holcim?s acquisition of East London-based Sivyer Logistics in 2023. A&S Recycling GmbH?s three sites located in the Greater Hanover area will take to 10 the number of Holcim?s recycling hubs in Germany. The acquisition of the recycling business in Northwest France will reinforce Holcim?s footprint in the region, and will bring to 28 the number of recycling centers the company operates in the country.
