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Shares of building materials maker Holcim jump as it plans to list unit in the US

Shares of building materials maker Holcim jump as it plans to list unit in the US
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Miljan Gutovic to become new CEO of Holcim

Miljan Gutovic to become new CEO of Holcim
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Holcim: Swiss cement giant Holcim to spin off North American business

Swiss cement company Holcim is planning to fully spin off its North American business and appoint a new CEO. The company plans to list its North American business in the US during the first half of 2025, with full capital market separation. Holcim aims to achieve over $20 billion in net sales and industry-leading margins by 2030.

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Switzerland's Holcim Plans Separation of US Business

Switzerland's Holcim Plans Separation of US Business
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