Holcim acquires Belgian construction waste recycler
Holcim is expanding circular building practices and has acquired the Belgian company Mark Desmedt. This acquisition extends Holcim's ECOCycle product range and strengthens its position in Belgium.
Holcim is further expanding circular construction as a driver of profitable growth. Following the Cand-Landi Group in Switzerland, Land Recovery in the UK and Mendiger Basalt in Germany, the building materials producer has made its fourth acquisition this year with the family business Mark Desmedt, founded in 1989 and, according to Holcim, the leading recycler of construction demolition materials in Belgium.
According to a Holcim statement, Mark Desmedt recycles more than 500,000 tonnes annually. In addition, the company is strategically located between Brussels and Antwerp and can therefore serve the country’s two largest conurbations. This will enable Holcim to expand its ECOCycle product range for circular construction solutions in Belgium and boost its profitable growth.
This acquisition brings Holcim closer to its goal of recycling 10 million tonnes of construction waste per year. “With Mark Desmedt’s team, we are accelerating our vision to drive circular construction in the key metropolitan regions where we operate to build cities out of cities,” Holcim CEO Miljan Gutovic is quoted as saying.