Holcim Rebrands North American Business as Amrize Ahead of Spin-Off

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Exciting New Chapter for North American Building Materials Company / Reuters


Holcim has announced that it will rebrand its North American building materials division as Amrize, as part of its strategy to spin off this segment into a standalone company. This rebranding reflects Holcim’s vision to enhance its market position in the competitive North American construction industry. The company plans to complete the spin-off in the first half of 2025, making it one of the most significant developments in the global construction market this year.

The name Amrize is derived from the fusion of the words “ambition” and “rising,” symbolizing the company’s dedication to high performance and innovation in construction. Chairman Jan Jenisch emphasized the importance of this transition, stating it marks a critical step towards establishing an independent identity for the new company. As the future CEO of Amrize, Jenisch expressed enthusiasm about the growing opportunities in North America’s construction sector, particularly in infrastructure modernization, the reshoring of manufacturing, and addressing the housing shortage with advanced building solutions.

With annual sales reaching approximately $11 billion in 2023, Amrize is anticipated to achieve a market valuation of around $30 billion post-spin-off, based on projections from Holcim. The company has set ambitious goals for growth, aiming to increase its annual sales to $20 billion by 2030. This growth will primarily stem from organic expansion and targeted small acquisitions within the industry.

Once the spin-off is finalized, Amrize plans to publicly list its shares on the New York Stock Exchange under the ticker symbol “AMRZ,” along with an additional listing on the SIX Swiss Exchange. Until the official transition occurs, the North American division will continue its operations under the Holcim brand.

Holcim's strategic move to spin off its North American business under the new name Amrize showcases its commitment to innovation and leadership in the construction sector. This initiative aims to position the company for success and capitalize on the evolving needs of the North American market, ultimately contributing to the overall growth and modernization of the construction industry.

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