HeidelbergCement AG
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Dominik von Achten
- Full Time Employees
- 50,692
- Sector
- Basic Materials
- Industry
- Construction Materials
- Address
- Berliner Straße 6 Heidelberg BW Germany 69120
- IPO Date
- Jan 5, 2010
- CIK
- 0001400691
- Website
- heidelbergmaterials.com
- Similar Companies
- Business
- Heidelberg Materials AG (formerly HeidelbergCement AG, ticker: HLBZF), founded in 1874 and headquartered in Heidelberg, Germany, ranks as one of the world's largest integrated producers of building materials, with leading market positions in cement, aggregates, and ready-mixed concrete; it operates over 3,000 sites across more than 50 countries on five continents, employing approximately 51,000 people. The company produces and distributes core products including Portland and specialty cements (such as quality cements, special geotechnical binders, and low-carbon variants with reduced clinker content), natural stone aggregates (sand, gravel), crushed aggregates (stone chippings, crushed rock), ready-mixed concrete for infrastructure, commercial buildings, and precast elements like stairs and structural components, asphalt, and related services such as worldwide trading in cement, clinker, secondary cementitious materials, alternative fuels, and coal by sea; downstream offerings encompass concrete recycling and circular economy solutions. Its vertically integrated model supports construction of housing, infrastructure, industrial facilities, and urban projects, with production localized near markets due to transportation constraints on bulk materials. In recent developments, Heidelberg Materials completed the acquisition of Giant Cement Holding Inc. (including Giant Cement Company, Dragon Products Company, and Giant Resource Recovery) in April 2025 for approximately US$600 million, adding a 800,000-tonne cement plant in Harleyville, South Carolina, distribution terminals across the US East Coast, and alternative fuel recycling operations to strengthen its Southeastern US and New England footprint while advancing decarbonization through waste-derived fuels. The company also acquired assets from Concrete Crushers Inc., Calgary's largest concrete recycler, in June 2025 to expand recycled concrete offerings in Canada, aligning with its circular economy strategy. In Australia, it entered a conditional agreement in April 2025 to acquire Midway Concrete's ready-mixed operations (four plants in Melbourne and Geelong areas), expected to close mid-2025, enhancing urban integration; additionally, in March 2025, the Government of Canada committed up to $226 million in phase 2 funding (following a $49 million phase 1) for North America's first full-scale CCUS system and combined heat/power plant at its Edmonton cement facility, pending final investment decision. These moves reflect ongoing portfolio optimization, bolt-on expansions in core markets, and leadership in sustainable innovations like CO2-neutral materials.
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