French producer Hoffmann Green Cement Technologies signed an exclusive 30-year licensing agreement with a firmly established partner in the United States to benefit from its 0% clinker technologies and replicate Hoffmann units on the vertical model of the H2 production unit.
The partner, Hoffmann Green USA, is owned by Olivier Ducimetière-Monod and his associate Francis Beauvallet.
“The signing of this key licensing agreement in the United States is the concrete result of the pre-agreement announced at the end of last year. We are delighted to join forces with two partners who share our vision of the construction sector and have both significant expertise and in-depth knowledge of the local ecosystem,” said Julien Blanchard and David Hoffmann, co-founders of Hoffmann Green Cement Technologies. “After the licensing agreement signed in 2023 in Saudi Arabia, this step strengthens our international development strategy in two key states of the American construction sector, with the option of extending this agreement to the entire U.S. territory by 2025.”
In return for the industrial and technological transfer and exclusivity in the first unnamed American states, Hoffmann Green will receive a first entry fee of €2 million as well as fixed and variable annual royalties based on sales generated by the commercialization of Hoffmann cements.
The contract also gives the U.S.-based partner the option of sub-licensing Hoffmann units in these states. This option represents an additional growth driver for Hoffmann, generating more royalties and extending the sale of premix to sub-licensees. Negotiations with key sub-licensees are already in progress.