M&A Deal Summary

HeidelbergCement Acquires Italcementi

On October 20, 2016, HeidelbergCement acquired building materials company Italcementi from Italmobiliare

Acquisition Highlights
  • This is HeidelbergCement’s 2nd transaction in the Building Materials sector.
  • This is HeidelbergCement’s 1st transaction in Italy.

M&A Deal Summary
Date 2016-10-20
Target Italcementi
Sector Building Materials
Buyer(s) HeidelbergCement
Sellers(s) Italmobiliare
Deal Type Add-on Acquisition

Target

Italcementi

Bergamo, Italy
Italcementi S.p.A is an Italian building materials company producing cement and ready-mixed concrete. Italcementi was formed in 1864 and is based in Bergamo, Italy.

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Buyer(S) 1

Buyer

HeidelbergCement

Heidelberg, Germany
Category Company
Founded 1873
Sector Building Materials
Employees50,780
Revenue 21.2B EUR (2023)
DESCRIPTION

HeidelbergCement is a German multinational building materials company headquartered in Heidelberg, Germany. HeidelbergCement a market leader in aggregates and a prominent player in the fields of cement, concrete and other downstream activities, making it one of the world’s largest manufacturers of building materials. HeidelbergCement was founded in 1873 and is based in Heidelberg, Germany.

DEAL STATS #
Overall 2 of 6
Sector (Building Materials) 2 of 4
Type (Add-on Acquisition) 2 of 4
Country (Italy) 1 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-18 HeidelbergCement AG - Cement Plant Assets

Germany

HeidelbergCement AG - Cement Plant Assets comprises Martinsburg, West Virginia cement plant and eight related terminals.

Sell $660M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-15 HeidelbergCement AG - Calcium Silicate Unit Business

Heidelberg, Germany

HeidelbergCement AG - Calcium Silicate Unit Business operates eight factories, thereof seven in Germany and one in Switzerland bordering Germany and employs approximately 200 full-time employees. HeidelbergCement AG - Calcium Silicate Unit Business consists of the following indirect subsidiaries of HeidelbergCement: Heidelberger Kalksandstein GmbH, KS-Quadro Bausysteme GmbH and Hunziker Kalksandstein AG.

Sell -

Seller(S) 1

SELLER

Italmobiliare

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1946
PE ASSETS 1.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Italmobiliare SpA is a public traded investment firm with interests in companies and private equity funds. The Firm is a generalist investor and primarily focuses on opportunities throughout Italy. Italmobiliare SpA was established in 1946 and is headquartered in Milan.

DEAL STATS #
Overall 1 of 3
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Italy) 1 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-01 Italgen

Bergamo, Italy

Italgen operates in the renewable energy sector in Italy and abroad. Italgen currently manages 15 hydroelectric power plants mainly located in the north of Italy, interconnected through 300 km of HV transmission lines. The Company additionally counts 1 photovoltaic plant in Italy, whereas 1 hydropower plant is currently under revamping.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-29 BravoSolution

Milan, Italy

BravoSolution SpA is a provider of supply management technology software and services for procurement and sourcing applications. BravoSolution was founded in 2000 and is based in Milan, Italy.

Sell -
Mergr

Product

Company

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