EDYCEM, the concrete division of HERIGE Industries, announces the completion of the acquisition of ready-mix concrete operations in Loire-Atlantique from BHR.
As part of the transaction, EDYCEM will integrate four ready-mix concrete plants located in Nantes, Malville, Saint-Herblain and Montoir-de-Bretagne, thereby strengthening its regional network and reinforcing its presence across the Loire-Atlantique market.
The acquired business by HERIGE Industries generates approximately €14 million in annual turnover and employs 26 people.
This acquisition is fully aligned with the development strategy of the Group's Concrete division, which aims to expand its regional footprint and enhance the performance of its industrial network to better serve its customers and partners. It will also accelerate the deployment of the low-carbon solutions developed by EDYCEM.
Benoit HENNAUT, Chairman of the Executive Board of HERIGE Industries, stated : “This transaction is fully aligned with our strategic roadmap and provides EDYCEM with an opportunity to further strengthen its long-standing presence in Loire-Atlantique while opening up new opportunities for growth and value creation. We are also delighted to welcome the teams joining the Group and look forward to working together to further develop a local, innovative and more sustainable offering for our customers.”
All our financial communications are available on our website: www.groupe-herige.fr/en
ABOUT HERIGE
HERIGE Industries focuses on two sectors of the building industry: the Concrete Industry and Industrial Joinery. HERIGE is a multi-regional group of Vendée origin, with a workforce of near 1,700 employees, present in mainland France, Canada and overseas.
HERIGE is listed on Euronext Growth
PEA/PME eligible
Indices: EURONEXT FAMILY BUSINESS, EURONEXT GROWTH ALL SHARE, ENTERNEXT©PEA-PME 150
ISIN FR0000066540, Ticker: ALHRG, Reuters ALHRG.PA
CONTACTS
| HERIGE INDUSTRIES Benoît Hennaut – Chairman of the Executive Board Caroline Lutinier – Head of Group Communication & CSR Tel.: +33 (0)2 51 08 08 20 E-mail: communication@groupe-herige.fr |
ACTUS finance & communication Corinne Puissant – Analyst/Investor Relations Tel.: +33 (0)1 53 67 36 77 – E-mail: cpuissant@actus.fr Serena Boni – Press Relations Tel.: +33 (0)4 72 18 04 92 – E-mail: sboni@actus.fr |
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Full and original press release in PDF: https://www.actusnews.com/news/99960-herige_bhr_closing_vdef_uk.pdf
