Swiss cement-maker Holcim has closed the acquisition of Mark Desmedt, a Belgian firm that specialises in the reuse of construction materials.
The company said the purchase would advance its goal of recycling 10 million tonnes of demolition debris a year.
Mark Desmedt gets it 5% closer because it recycles around 500,000 tonnes a year.
Holcim chief executive Miljan Gutovic said the firm wanted to promote circular construction and “build cities from cities”.
Mark Desmedt was founded in 1989 and entered the ready-mix concrete market in 2001.
It’s Holcim’s fourth acquisition this year, following Cand-Landi Group in Switzerland, Land Recovery in the UK, and Mendiger Basalt in Germany.
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