name: Heidelberg Cement Group, Germany
The German Heidelberg Cement Group (Heidelberg Cement) is a German multinational building materials company headquartered in Heidelberg. It is a DAX company and one of the largest building materials companies in the world. On July 1, 2016, the company acquired 45% of Italcementi . This acquisition makes Heidelberg Cement the number one producer of construction aggregates, ranking second in cement and third in global ready-mixed concrete.
The German Heidelberg Cement Group operates in approximately 60 countries, has 60,000 employees and works in 3,000 production sites. The company has 139 cement plants with an annual cement production capacity of 176 million tons, more than 1,500 ready-mixed concrete production bases, and more than 600 quarries.
The German Heidelberg Cement Group has entered new important markets, such as France and Italy in Europe, Egypt and Morocco in North Africa, and Thailand in Southeast Asia. In Canada, India and Kazakhstan, the acquisition will further strengthen Heidelberg Cement’s existing market position.
In 2016, the German Heidelberg Cement Group had revenues of 15.166 billion euros, operating income of 1.984 billion euros, net income of 896 million euros, total assets of 32 billion euros, and total equity of 17.873 billion euros.
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