Cementir Holding N.V. Overview
Pro stress-test →Cementir Holding is a multinational company incorporated in the Netherlands operating in the construction materials sector, with subsidiaries in 18 countries across five continents specializing in white cement and producing gray cement, ready-mixed concrete, aggregates, and concrete products. The group's products are marketed in more than 70 countries.
Strategic Profile
Pro stress-test →The group is a major producer of white cement and has vertically integrated platforms in Scandinavia, Belgium and Turkey. Geographically, net sales are distributed with Nordic and Baltic countries representing 42.6%, Turkey 21.8%, Belgium 14.2%, and North America 11.3%. The company has achieved important ESG recognitions, including validation of 2030 decarbonisation objectives by Science Based Target initiative and A- rating by CDP.
Competitive Landscape
Pro stress-test →Following the 2017 sale of Italian operations to HeidelbergCement for €315 million, Cementir refocused as the leading cement producer in Denmark and main ready-mix concrete producer in Scandinavia, plus a major player in Turkey. Primary competitors include Heidelberg Materials, Lafarge-Holcim, and regional Turkish cement producers.
Industry Context
Cementir Holding N.V. operates in Construction Materials / Cement & Hydraulic Products.
Key facts
Founded: 1947 · Headquarters: Amsterdam, Netherlands · Employees: 3,082 · Revenue: €1.69B · Market cap: €2.47B