Holcim reviews 10 large and small business acquisition targets: CEOs

Holcim is considering 10 acquisitions with the ability to buy companies large and small, chief executive Jan Jenisch said on Monday, after the Swiss cement maker agreed to sell its Indian operations to Adani Group in a 10-year deal. $5 billion.

“We are growing at a fairly rapid pace and the plan is that with the proceeds from the divestiture we will continue to accelerate our 2025 strategy and acquire new businesses,” Jenisch told reporters.

“Right now, we have about 10 transactions verified by us, brokered by us. These are small transactions, these are larger transactions,” he added. “We’re ready for another Firestone,” he said, referring to Holcim’s $3.4 billion acquisition last year.

(Reporting by John Revill; Editing by Michael Shields)

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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