H+H signs agreement to acquire HeidelbergCement’s German and Swiss calcium silicate unit business
With the acquisition, H+H will increase revenue by DKK 500 million and EBITDA by DKK 100 million and become the second largest European producer of calcium silicate units (CSU), focusing on the fast-growing high-rise segment. The strategic acquisition has an excellent geographic fit with H+H’s present business and will supplement H+H’s existing product offering. Today, H+H International A/S and its subsidiary H+H Deutschland GmbH signed an agreement with HeidelbergCement AG and two other HeidelbergCement Group companies to acquire the HeidelbergCement Group’s German and Swiss CSU