# H+H acquires HeidelbergCement's calcium silicate unit business

H+H International A/S has signed an agreement to acquire HeidelbergCement's German and Swiss calcium silicate unit business (HDKS) for an enterprise value of DKK 818 million. Closing is expected in Q1 2018.

- Type: Acquisition
- Announced: 2017-12-14
- Where: Germany
- Value: $130.0M (818.0M DKK)
- Status: announced
- Products: calcium silicate units
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [HeidelbergCement](https://endata.com/companies/20595.md) (target)
- [H+H International](https://endata.com/companies/28840.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/12/14/1262342/0/en/h-h-signs-agreement-to-acquire-heidelbergcement-s-german-and-swiss-calcium-silicate-unit-business.html), 2017-12-14: "This is a truly transformational acquisition"
- [hplush.de](https://www.hplush.de/de/aktuelles/details/hh-international-a-s-%C3%BCbernimmt-kalksandsteingesch%C3%A4ft-von-heidelbergcement), 2017-12-15: "Diese strategische Akquisition ist ein Meilenstein in der Entwicklung von H+H in Europa und vor allem in Deutschland."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.