Holcim acquire Swiss Cand-Landi Group
Acquisition set to accelerate decarbonization with new sources of alternative raw materials and fuels in Switzerland
HOLCIM have acquired the Cand-Landi Group in Switzerland to advance decarbonization and circular construction. With consolidated net sales of CHF70 million (£6.2 million) and 250 employees, Cand-Landi’s diversified businesses range from recycling and waste management to aggregates and ready-mixed concrete.
The acquisition will accelerate decarbonization at Holcim’s Eclépens plant by providing new sources of alternative raw materials and alternative fuels. It will also increase, by 100,000 tonnes a year, Holcim’s recycling of construction demolition materials into new building solutions.
Miljan Gutovic, chief executive officer of Holcim, said: ‘The acquisition of the Cand-Landi Group will advance decarbonization and circularity in Switzerland, a lighthouse market for innovation at Holcim. I look forward to welcoming all 250 employees of the Cand-Landi Group and investing in our next chapter of growth together.’
A leader in recycling for French-speaking western Switzerland, the Cand-Landi Group have been family-owned for 128 years. Following a successful partnership between the two companies for many years, Holcim say the acquisition will provide customers with even more comprehensive solutions in construction, logistics, and the circular economy.
With their high-value-adding railway logistics services and network, Cand-Landi will help diversify Holcim’s business whilst also contributing to their goal of decarbonizing their own operations.
