Group Profile


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Cementir Holding is an Italian multinational company specialised in the production and distribution of grey and white cement, ready-mixed concrete, aggregates and concrete products. It is also active in the management of urban and industrial waste. The company was formed in Italy in 1947 and is part of the Caltagirone Group. It has been listed on the Milan Stock Exchange since 1955 and is currently in the STAR segment.
Over the years the Cementir Group has grown through major investments and acquisitions throughout the world, becoming the global leader in the production of white cement.

The Cementir Group is the only cement manufacturer in Denmark, the third-largest in Belgium and one of the biggest in Turkey. It is also the leading ready-mixed concrete manufacturer in Scandinavia.

Cementir is now present in 18 countries across 5 continents. Its strategy is aimed at increasing the integration of its business activities as well as geographical diversification.

This international growth strategy has been driven by the acquisitions made over the years, including of CCB - Compagnie des Ciments Belges in 2016, which strengthened Cementir’s production and commercial presence in Central Europe, and of Sacci’s Italian business in July 2016. In September 2017, an agreement was reached for the sale of all the Italian operations of the Cementir Italia group, finalised on 2 January 2018.

11 Cement production plants of which 1 in Denmark, 1 in Belgium, 4 in Turkey, 1 in Egypt, 2 in the USA, 1 in China and 1 in Malaysia

9.8 (million tons) Grey cement production capacity

3.3 (million tons) White cement production capacity

1 State-of-the-art research and development centres in Denmark

24 Terminals

106 Ready-mix concrete plants of which 74 in Scandinavia, 10 in Belgium, 5 in France and 17 in Turkey

1 Cement products plant in the US

3 Waste management plants of which 2 in Turkey and 1 in England

In 2017 the Group reached revenue from sales of EUR 1,140 million, Ebitda of EUR 223 million and Group net profit of EUR 71 million.


Since 2001 Cementir Holding pursued a geographic diversification strategy by investing over EUR 1.7 billion. The most important acquisitions were:

• Cimentas AS (cement and ready-mix concrete) in Turkey in 2001

• Aalborg Portland AS (white and grey cement) and Unicon AS (ready-mix concrete) in Denmark in 2004

• Edirne cement plant in Turkey and 4K Beton (ready-mix concrete) in Denmark in 2005

• Elazig cement plant in Turkey in 2006

• Kudsk & Dahl (aggregates and ready-mix concrete) in Denmark in 2008

• Sureko AS (industrial waste management and production of alternative fuels) in Turkey in 2009

• Recydia (waste management and renewables) in Turkey in 2011

• NWM Holdings Ltd (collection, treatment, recycling and disposal waste) in England in 2012

• Compagnie des Ciments Belges (cement, aggregates and ready-mix concrete) in Belgium and France in 2016

• Sale of all assets and activities in Italy (cement and ready-mix concrete) in 2018

• Acquisition of an additional 38.75% stake in Lehigh White Cement Co. (white cement) in US in 2018

As a consequence of both the above deals and the growth dynamics of each country, from an Italian player Cementir Holding has become an international cement player which derives 100% of its revenues abroad.

Future strategy is to combine both organic and external growth, striking the right balance between mature markets and emerging markets presence and maintaining an adequate return on capital employed.

 Last update: April 2018