Acquisition advances Holcim’s goal to recycle 10 million tonnes of construction and demolition waste by 2025
AGGREGATE Industries, a member of the Holcim Group, have acquired Sivyer Logistics, a leading producer of recycled construction and demolition waste (CDW) for the London construction market.
The acquisition will significantly strengthen Aggregate Industries’ aim to become one of the leading providers of recycled construction and demolition waste materials in London – the largest circular economy market in the UK. It will also provide the company with further growth opportunities in other areas of the country.
The acquisition will also advance the ambitious sustainability targets of Holcim’s ‘Strategy 2025 – Accelerating Green Growth’, especially their target to recycle 10 million tonnes of construction and demolition waste in their products by 2025.
With six facilities across the capital, Sivyer Logistics’ services include waste management, vehicle logistics, manufactured soils, primary and recycled aggregates, and volumetric ready-mixed concrete. Sivyer currently handle 1 million tonnes of waste materials per year, recovering more than 450,000 tonnes through state-of-the-art recycling and recovery processes.
Dragan Maksimovic, chief executive officer of Aggregate Industries UK, said: ‘Sivyer Logistics is an impressive business that has multiple synergies with our own. This acquisition is positioning us at the forefront of circular construction, driving our ambition to build new from the old.
‘We have an ambitious strategy to grow our CDW and circular economy operations by 2025, and the acquisition of Sivyer provides us with enhanced expertise, facilities and products as we continue to strive to become the UK’s leading supplier of sustainable construction materials and solutions.’
Simon Sivyer, managing director of Sivyer Logistics, said: ‘We have a long heritage going back to 1862, and we’re incredibly proud of what we’ve achieved as a business to date. We’re delighted to be beginning this next chapter of our story and are looking forward to continued growth in the London area and beyond with Aggregate Industries’ backing.’
Miljan Gutovic, Holcim’s region head for Europe, added: ‘Sivyer Logistics are an excellent addition to help us drive circular construction and reach our Group target of recycling 10 million tonnes of construction and demolition waste by 2025.’