Key Stats
HeidelbergCement AG rebranded as Heidelberg Materials in September 2022.
Market capitalization stands at approximately 35.6 billion EUR as of 2025.
The company operates around 130 cement plants with annual capacity of 170 million tonnes.
Heidelberg Materials has a presence in over 50 countries worldwide.
The company employs approximately 51,000 people at nearly 3,000 production sites.
Heidelberg Materials, formerly known as HeidelbergCement AG, stands as one of the world’s largest building materials companies. Founded in 1874 in Heidelberg, Germany, the company has evolved from a single cement plant to a global powerhouse in construction materials.
The organization manufactures and distributes cement, aggregates, ready-mixed concrete, and asphalt across multiple continents. Its strategic acquisitions have positioned it as the number one producer of aggregates, second-largest in cement, and third-largest in ready-mixed concrete globally.
Operating through distinct business segments including Cement, Aggregates, Building Products, and Concrete Services, Heidelberg Materials serves diverse construction markets from residential housing to large-scale infrastructure projects. The company maintains a strong focus on sustainable building practices and innovation in production processes.
HeidelbergCement History
HeidelbergCement Founder
HeidelbergCement Revenue
Heidelberg Materials generated approximately 21.2 billion EUR in revenue for fiscal year 2023. The company demonstrated resilience through economic cycles while maintaining steady growth trajectories.
HeidelbergCement Market Cap
The company’s market capitalization stands at approximately 35.6 billion EUR as of 2025. Market valuation reflects the company’s strong global position and diversified operations.
HeidelbergCement Acquisitions
Heidelberg Materials’ growth strategy has centered on strategic acquisitions that expanded geographical reach and product capabilities. The 1977 acquisition of Lehigh Cement marked the beginning of aggressive North American expansion. This established critical infrastructure in a key market that would become essential for future growth.
The company entered Eastern European markets in 1990, capitalizing on post-Cold War opportunities. The 1993 purchase of SA Cimenteries CBR brought extensive multinational operations and operational expertise. These moves positioned the company for global expansion beyond its traditional European base.
Scancem’s acquisition in 1999 brought operations spanning Northern Europe and Africa, diversifying geographic risk. The 2001 addition of Indocement strengthened presence in Indonesia’s growing construction sector. These strategic moves preceded the company’s most transformative acquisition.
The 2007 Hanson purchase for 15.8 billion USD represented the largest transaction in building materials industry history at that time. This deal established HeidelbergCement as the world’s leading aggregates producer. The acquisition required selling Maxit Group and divesting the 35% Vicat Cement stake to secure financing.
The 2016 Italcementi acquisition for 4.1 billion USD further consolidated the company’s market leadership. This transaction made HeidelbergCement the top global aggregates producer, second in cement, and third in ready-mixed concrete. The deal required divesting certain US assets to Cementos Argos for 660 million USD to satisfy antitrust requirements.
Additional strategic acquisitions included Mysore Cement in India during 2006, entering the rapidly expanding Indian market. The 2013 purchase of CJSC Construction Materials in Russia’s Bashkortostan region expanded Eastern European presence. These calculated moves demonstrated consistent focus on emerging markets with strong growth potential.
HeidelbergCement Competitors
Heidelberg Materials operates in a highly competitive global market dominated by several major players. Competition spans cement production, aggregates supply, and ready-mixed concrete delivery.
| Company | Headquarters | Key Strengths |
|---|---|---|
| Holcim | Switzerland | Global presence, sustainability focus |
| LafargeHolcim | Switzerland | Largest cement producer, 70+ countries |
| CRH | Ireland | Diversified materials, strong North America presence |
| CEMEX | Mexico | Americas market leader, ready-mix concrete |
| China National Building Material | China | Largest Chinese producer, Asia dominance |
| Anhui Conch Cement | China | High production capacity, regional strength |
| The Siam Cement | Thailand | Southeast Asia leader, integrated operations |
| UltraTech Cement | India | Largest Indian producer, growing market |
| Buzzi Unicem | Italy | European operations, North America expansion |
| Votorantim Cimentos | Brazil | South American leader, international reach |
FAQs
When was HeidelbergCement founded?
HeidelbergCement was founded on June 5, 1874 by Johann Philipp Schifferdecker in Heidelberg, Germany, initially operating as Portland-Cement-Werk Heidelberg.
What is HeidelbergCement called now?
HeidelbergCement rebranded as Heidelberg Materials in September 2022, reflecting the company’s diverse building materials portfolio beyond cement manufacturing.
Where does Heidelberg Materials operate?
Heidelberg Materials operates in over 50 countries across Europe, North America, Asia, Africa, and Australia with approximately 3,000 production sites worldwide.
What are Heidelberg Materials’ main products?
The company produces cement, aggregates, ready-mixed concrete, asphalt, and various specialty building materials for residential, commercial, and infrastructure construction projects.
What was Heidelberg Materials’ largest acquisition?
The 2007 acquisition of British company Hanson for 15.8 billion USD was the largest, making HeidelbergCement the world’s leading aggregates producer.