CSN Cimentos Acquires All Brazilian Operations of Holcim for $1 Billion With Projected Job Creation in Brazil

For Now, CSN Cimentos Focuses on Expansion, Job Creation, and Increasing Its Customer Base, Capturing More of the Consumer Market.

All Brazilian operations of the Swiss company Lafarge Holcim have been sold to CSN Cimentos. The new business now includes 5 integrated cement production units already in operation in Brazil, plus 4 grinding stations, comprising 6 mixing pieces and 19 cement mixers. The estimate is that by next year more than 2,000 new jobs will be created.

Holcim Sells Brazilian Shares to CSN Cimentos

In a statement issued, representatives of CSN Cimentos reported that the new acquisition would increase the factory’s production capacity by about 10.3 million tons of cement per year, at the units located in the Southeast, Northeast, and Midwest regions, in addition to high-quality limestone reserves and other concrete units that are added.

With the project fully completed, the cement factory has a total capacity of 16.3 million tons per year. According to CSN’s statement, representatives expect interaction, order, good management, and appropriate marketing, alongside the emergence of new product mixes, jobs, and an increase in the customer base.

Holcim Achievements

In mid-April 2021, Holcim acquired Firestone Building Products, an American subsidiary of the Japanese group Bridgestone Corporation, headquartered in the United States, for around US$ 3.4 billion, a factor that allowed it to start diversifying its roofing waterproofing products and other construction products.

For those who don’t know, Holcim was born from a merger between the French company Lafarge and the Swiss company Holcim in 2015. Since then, the merged group decided to simplify procedures and the lives of customers, removing the name ‘Lafarge’ from the company name some time later, to return to being called simply Holcim. However, many still know the company as Lafarge Holcim.

Learn More About CSN Cimentos

CSN, one of the most prominent and complex companies in the areas of metallurgy, mining, logistics, cement, and energy, was founded in April 1941. Currently, the company has an integrated steel mill, plus 5 industrial units, two of which are abroad, several iron ore, limestone, dolomite, and tin mines, a distribution center for flat steels, as well as port terminals, stakes in some railways, and also has a stake in two hydropower plants.

In addition, CSN also stands out for being the first integrated producer of flat steel in the country, something considered a significant milestone in Brazil’s industrialization process.

The steel produced in the country by CSN opened doors for the establishment of the first national industries, the core of today’s industrial park in Brazil. The company was privatized in 1993, and its first cement production was in 2009, currently being one of the leading sales companies in the state of Rio de Janeiro, even though its headquarters is in Arcos (MG).

The CSN has 4.3 million tons of installed capacity. The synergy between the businesses and the integrated logistics of the factories and strategically located distribution centers, according to the company, allows them to provide differentiated service to all their customers and the consumer market in general.