Acquisition expands offering in construction and recycling
Holcim acquires the Cand-Landi Group. The French-speaking Swiss holding company is active in recycling and waste management and produces aggregates and ready-mixes. With this acquisition, the building materials trader Holcim aims to drive forward decarbonisation and circular construction in Switzerland.
Holcim acquires Cand-Landi Holding in western Switzerland. The company, which has been family-owned for 128 years, has consolidated net sales of CHF 70 million and is active in various areas: from recycling and waste management to aggregates and ready-mix concrete.
According to a Holcim press release, the acquisition will open up new sources of alternative raw materials and fuels for Holcim and thus accelerate decarbonisation at the Holcim plant in Eclépens VD. In addition, the acquisition will enable Holcim to increase the transformation of construction waste into new construction solutions by 100,000 tonnes per year.
Following a long-standing partnership between the two companies, Holcim intends to offer its customers an even more comprehensive range of construction, logistics and recycling services through this acquisition. The “high value-added” services in rail logistics and the Cand-Landi Group’s network will contribute to the diversification of Holcim’s business.
“The acquisition of the Cand-Landi Group will drive decarbonisation and the circular economy in Switzerland, a beacon market for innovation at Holcim,” summarises Holcim CEO Miljan Gutovic. “I look forward to welcoming all 250 employees of the Cand-Landi Group and investing together in our next chapter of growth.”