21.02.2025 12:30:03
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Holcim’s North America business to be named Amrize following planned spin-off
Holcim Group Services Ltd
/ Key word(s): Miscellaneous
Holcim announces that Amrize will be the name of its North American business following the execution of the planned spin-off. As an independent public company, Amrize will be North America’s leading building solutions company from foundation to rooftop. Amrize originates from two concepts: “ambition” and “rising”. “Am” represents the future company’s commitment to high-performance and innovation to meet its customers’ greatest ambitions. “Rize” symbolizes the company’s drive to lead construction forward across North America to shape the essential buildings and infrastructure that advance how people live. Jan Jenisch, Chairman of Holcim and designated Chairman and CEO of Amrize: "Introducing the Amrize name marks an important step as we prepare Holcim’s North American business to become an independent public company. This is an exciting time for construction in North America, with the ongoing modernization of infrastructure, the reshoring of manufacturing, and the opportunity to bridge the housing gap with the most advanced building solutions. With our planned spin-off of Amrize, we aim to be the partner of choice for our North American customers and unlock value for all our stakeholders.” The company intends to list Amrize shares under the symbol ‘‘AMRZ’’ on the New York Stock Exchange (NYSE) with an additional listing on the SIX Swiss Exchange. The Amrize name and branding will go into effect with the completion of the spin-off, expected by the end of the first half 2025, subject to shareholder and customary approvals. Until then, the North American business continues to operate as part of Holcim. More information on the company’s name and brand identity can be found here. Further investor information about the spin-off can be found on the Holcim investor website. About Holcim Sign up for Holcim's Building Progress newsletter here. Important disclaimer – forward-looking statements:
End of Media Release |
2089823 21.02.2025 CET/CEST
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