Finance
Holcim CEO targets 15-20 acquisitions this year
Published by Global Banking & Finance Review®
Posted on January 21, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 21, 2025
1 min readLast updated: January 27, 2026
Holcim CEO Miljan Gutovic aims for 15-20 acquisitions this year, focusing on both large and small profitable companies, as announced at the WEF in Davos.
DAVOS, Switzerland (Reuters) - Holcim would like to make 15 to 20 acquisitions this year Chief Executive Miljan Gutovic said on Tuesday, with the building materials company open to large deals.
"Last year we said we would acquire 15 to 20 companies, and this is the range we would like to operate at in the future," Gutovic told Reuters on the sidelines of the World Economic Forum (WEF) annual meeting in Davos, Switzerland.
Small companies with sales of 50 to 100 million Swiss francs would be considered, while potentially bigger sized targets could also be examined, Gutovic said.
"I am fully open, I am looking at the big deals, but there are some small to mid sized companies that are actually highly profitable and they are an excellent fit to our existing business," Gutovic said.
(Reporting by Divya Chowdhury in Davos and John Revill)
Holcim's plan to make 15-20 acquisitions in 2023, focusing on both large and small companies.
The CEO of Holcim is Miljan Gutovic.
The announcement was made at the World Economic Forum in Davos, Switzerland.
Explore more articles in the Finance category