The takeover marks Holcim’s fourth acquisition of 2024. Credit: Sai Thaw Kyar via Shutterstock.

Holcim has completed the acquisition of Mark Desmedt, a Belgian company specialising in the recycling of construction demolition materials.  

This move aligns with Holcim’s goal to recycle ten million tonnes (t) of construction demolition materials annually and advances circular construction for the company in Europe. 

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The financial details of the transaction have not been disclosed. 

The acquisition is also set to expand Holcim’s ECOCycle range of circular building solutions in Belgium and contribute to profitable growth. 

Serving the metropolitan areas of Brussels and Antwerp, Mark Desmedt is said to recycle more than 500,000t a year. 

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Holcim CEO Miljan Gutovic said: “With the Mark Desmedt team, we are accelerating our vision to drive circular construction in the key metropolitan areas where we operate to build cities from cities. Strategically located between Brussels and Antwerp, Mark Desmedt will scale up our ECOCycle technology across Belgium, making circularity a driver of profitable growth.

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“I look forward to welcoming the employees of Mark Desmedt to Holcim and to investing in our next chapter of growth together.” 

The deal marks Holcim’s fourth acquisition this year, following the integration of Cand-Landi Group in Switzerland, Land Recovery in the UK, and Mendiger Basalt in Germany. 

Last month, Holcim and the Norman Foster Foundation announced their collaboration to roll out a scalable prototype of the Essential Homes Applications in Central America by 2025.  

The Essential Homes Research Project, first introduced at the 2023 Architecture Biennale in Venice, Italy, seeks to develop durable and livable structures for refugees and displaced communities.