Heidelberg Materials

Heidelberg Materials
Company typeAktiengesellschaft
FWB: HEI
DAX component
IndustryBuilding materials
Predecessorcement industry near Hannover Edit this on Wikidata
Founded1874
FounderJohann Philipp Schifferdecker
HeadquartersHeidelberg, Germany
Key people
Dr. Dominik von Achten (CEO and chairman of the managing board)[1]
Dr. Bernd Scheifele (Chairman of the supervisory board)
ProductsCement, aggregates, concrete, asphalt
RevenueIncrease€21,178 billion (2023)[2]
Increase€3,022 billion (2023)[2]
Increase€2,190.4 billion (2023)[2]
Total assets$41,9bn (2018)[3]
Total equity€18,375mn (2023)[2]
Number of employees
Decrease 51,000 (2023)[2]
Websitehttps://www.heidelbergmaterials.com/en
White company building at a crossroads, lined with trees on the left
Heidelberg Materials in Heidelberg

Heidelberg Materials is a German multinational building materials company headquartered in Heidelberg, Germany. Formerly known as HeidelbergCement AG, the company has rebranded as Heidelberg Materials in September 2022.[4] It is a DAX corporation and stands as one of the world's largest building materials companies. On 1 July 2016, HeidelbergCement AG completed the acquisition of a 45% shareholding in Italcementi. This acquisition made HeidelbergCement the number one producer of construction aggregates, the second-largest in cement and the third-largest in ready-mixed concrete worldwide. In the 2020 Forbes Global 2000, HeidelbergCement was ranked as the 678th -largest public company in the world.[5]

The enlarged group has activities in over 50 countries with 51,000 employees working at almost 3,000 production sites. Heidelberg Materials operates around 130 cement plants with an annual cement capacity of around 170 million tonnes, around 1,300 ready-mixed concrete production sites, and just under 600 aggregates quarries.[2]

  1. ^ Beumelburg, Christoph. "Dr. Dominik von Achten becomes the new Chairman of the Managing Board of HeidelbergCement". HeidelbergCement. Retrieved 22 February 2020.
  2. ^ a b c d e f "Annual and Sustainability Report 2023" (PDF). 9 September 2024. Retrieved 9 September 2024.
  3. ^ "HeidelbergCement | Company Overview & News". Forbes.
  4. ^ "HeidelbergCement becomes Heidelberg Materials". Heidelberg Materials Group. 20 September 2022. Retrieved 21 August 2023.
  5. ^ "Forbes Global 2000". Forbes. Retrieved 31 October 2020.