Manufacturer News
Holcim’s North American Spinoff to be Called ‘Amrize’
Swiss multinational renames its North American subsidiary following planned spinoff
Holcim unveiled the name of its planned North American spin-off, called “Amrize,” which is expected to happen sometime before the third quarter of 2025.
— Bryan Gottlieb/Roofing Contractor | Adobe Stock
Holcim announced last Friday that following the execution of the planned spin-off of its North American business, the new independent public company will be called “Amrize.”
In a Feb. 21 news release, Holcim described the origin, saying Amrize originates from two concepts, “ambition” and “rising.”
“Am” represents the future company’s commitment to high performance and innovation to meet its customers’ greatest ambitions. “Rize” symbolizes the company’s drive to lead construction forward across North America to shape the essential buildings and infrastructure that advance how people live.
"Introducing the Amrize name marks an important step as we prepare Holcim’s North American business to become an independent public company,” Jan Jenisch, chairman of Holcim and designated Chairman and CEO of Amrize, said.
"This is an exciting time for construction in North America, with the ongoing modernization of infrastructure, the reshoring of manufacturing, and the opportunity to bridge the housing gap with the most advanced building solutions,” Jenisch added.
The company intends to list Amrize shares under the symbol ‘‘AMRZ’’ on the New York Stock Exchange with an additional listing on the SIX Swiss Exchange.
The company said the Amrize name and associated branding will go into effect with the completion of the spin-off, which is expected by the end of the first half of 2025, subject to shareholder and customary approvals.
Until then, the North American business continues to operate as part of Holcim.
For more information, visit holcim.com.
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