Hanson sold
Premium Content
20 March 2008
German cement maker Heidelberg Cement has agreed to buy UK-based Hanson for UK£ 8 billion (US$ 16 billion) to create the world's second-largest construction materials producer.
The combination of the world's fourth-largest cement maker and biggest aggregates specialist will have revenues of around € 15 billion (US$ 20 billion) and more than 70000 employees worldwide.
The combined company will be the world's largest aggregates producer, the second largest in ready-mixed concrete and the fourth largest in cement, earning 40% of revenues from North America, 16% in the UK and 30% in the rest of Europe.
Caterpillar’s Rolf af Klinteberg on how new mapping tech can help improve consistency, reduce risk and lead to better decisions
Industry experts to discuss how businesses can build greater resilience as pressure on power infrastructure intensifies
An object lesson in adapting gensets to local rules, applications and lead-time pressures – key factors in a successful market entry