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News Holcim completes spin-off of Amrize

Holcim completes spin-off of Amrize

Written by Global Cement staff 23 June 2025
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US: Holcim completed its 100% spin-off of its North American business Amrize through a dividend-in-kind distribution of one Amrize share per Holcim share owned as of 20 June 2025. The move creates two independent, publicly traded companies, each with its own management and operational focus, according to the company.

Holcim CEO Miljan Gutovic said “This is an exciting moment for Holcim and Amrize as we begin a new chapter as independent companies. I thank all employees for contributing to the many remarkable achievements of Holcim including the exceptional execution of the spin-off. We wish Amrize success in the future under the leadership of its chair and CEO Jan Jenisch.”

Shares of Amrize began trading today [23 June 2025] on the SIX Swiss Exchange and New York Stock Exchange under the ticker ‘AMRZ.’

Last modified on 25 June 2025
Published in Global Cement News
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  • US
  • Holcim
  • Amrize
  • spinoff
  • Shares
  • Trading
  • New York Stock Exchange
  • Americas
  • Europe
  • GCW715
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