Heidelberg Materials Eyes Expansion in US Market
Capitalizing on Trump’s Growth Agenda
Heidelberg Materials, the world’s second-largest cement maker, is poised to make a significant impact in the US market in 2025. With President Donald Trump’s administration focusing on creating industrial jobs and improving infrastructure, the company sees a tremendous opportunity to contribute to these efforts.
A Key Region for Growth
The US is a crucial market for Heidelberg Materials, accounting for around a quarter of its sales. The company employs approximately 9,000 people in the region, which is around 18% of its total workforce. CEO Dominik von Achten, who led the company’s US business for nearly eight years, believes the region holds immense potential for growth.
Positioning for Success
As companies worldwide adapt to the new US trade policy, Heidelberg Materials is confident in its ability to thrive. By producing and selling locally in North America, the company is well-positioned to benefit from the administration’s emphasis on domestic production and job creation.
M&A Activity on the Horizon
Heidelberg Materials spent around €500 million on US deals last year, and von Achten expects similar activity in 2025. The company is comfortable with transactions of up to €1 billion and is eyeing expansion opportunities in the southeastern US, where it acquired Giant Cement Holding last year.
Listing in the US: A Possibility?
While some rivals, such as Holcim and Titan Cement International, have considered listing in the US to take advantage of higher valuations, von Achten is skeptical about following suit. He believes there has been no significant change in valuations as a result of these strategies.
A Bright Future Ahead
With its focus on growth and expansion in the US market, Heidelberg Materials is poised for a successful 2025. As the company continues to adapt to the changing landscape, it is well-positioned to capitalize on the opportunities presented by the Trump administration’s policies.
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