Holcim Croatia acquires cement producer Readymix Croatia

Via the acquisition, the company is launching an investment in its fourth quarry site in Croatia, which is located in the Lupoglav municipality on the Istrian peninsula, Holcim Croatia said in an emailed statement.

It gave no financial details on the acquisition and the planned investment.

The location of the newly-acquired quarry site is strategically important, considering the construction projects in the pipeline for this area, including the Istrian Y motorway, the second pipe of the Ucka tunnel, and the wastewater treatment plant in Istria, among others, Holcim Croatia said.

Holcim Croatia runs two concrete plants - in Karlovac and Kukuljanovo (northern Croatia), a cement factory in Koromacno (on the Istrian peninsula) and two terminals - in the Adriatic city of Zadar and in Jastrebarsko, close to the capital Zagreb. Its existing quarry sites are located in northern Croatia as well - in Sumber, Plovanija and Ocura.

Holcim Croatia is part of the LafargeHolcim Group, established in July 2015 following the merger of two construction material industries, Lafarge and Holcim.