Holcim Finalizes Amirizen Separation in Major Building Materials Deal
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By Anya Sharma | ZURICH – 2025/06/23 09:56:06
In one of the most significant transactions seen in the building materials sector in recent years, the cement group Holcim has successfully completed the spin-off of its North American business, Amirizen.The Swiss company made the announcement on Monday, confirming the finalization of the deal.
Trading in Amirizen shares is set to commence at 9 a.m. CEST on the SIX Swiss Exchange and at 9:30 a.m. New York time on the New York Stock exchange, marking a new chapter for both companies.
Strategic Shift for Holcim
“The cement group Holcim has completed the split off of the North America business Amirizen.”
The separation of Amirizen represents a strategic move for Holcim, allowing the company to focus on other core areas of its global operations. The move is expected to unlock value for shareholders and enable both Holcim and Amirizen to pursue self-reliant growth strategies.
What is a Spin-Off?
Frequently Asked Questions
What is a spin-off?
A spin-off is when a company creates a new, independent company from an existing part of its business.
Why do companies do spin-offs?
Companies do spin-offs to focus on core businesses, unlock shareholder value, and allow each entity to pursue independent growth strategies.
Amirizen shares will be traded on the SIX Swiss Exchange and the New York Stock Exchange.
