Officials of Amrize gathered at the New York Stock Exchange to mark the company’s spin-off from Holcim and open the June 23 session trading.
To seal his move from Holcim chairman and chief executive officer to those same roles with Amrize, Jan Jenisch rang the NYSE Opening Bell, joined by leadership team members including the heads of the company’s two divisions, Building Materials President Jaime Hill and Building Envelope President Jake Gosa.
“As an independent, publicly traded company, Amrize will capitalize on North America’s attractive construction market driven by long term mega-trends from infrastructure modernization and onshoring of manufacturing to data center expansion and the opportunity to bridge the housing gap,” said Jenisch. “With our track record of profitable growth, market-leading operations and broad range of advanced building solutions, we are ideally positioned to be the partner of choice for the professional builders and to unlock value for all stakeholders.”
Jenisch and his colleagues view Amrize as positioned to build North America with advanced branded solutions from foundation to rooftop, backed by 1,000-plus cement, aggregate, ready mixed or manufactured-concrete and roofing product sites and more than 19,000 team members serving customers in every U.S. state and Canadian province. The Building Materials and Building Envelope operations closed 2024 with $11.7 billion in sales.
The spin-off was completed via the distribution of a dividend-in-kind of one Amrize share for every Holcim share owned as of the close of business on June 20.
