Holcim to Launch Amrize Spin-off on June 23, 2025

Holcim is set to finalize the 100% spin-off of its North American division, Amrize, on 23 June 2025. The US Securities and Exchange Commission has approved the effective status of the Amrize Form 10 Registration Statement, allowing Amrize to begin trading on the New York Stock Exchange and the SIX Swiss Exchange under the ticker symbol ‘AMRZ.’

With overwhelming support from Holcim shareholders, who voted 99.75% in favor at the annual general meeting on 14 May 2025, each Holcim shareholder will receive one Amrize share for each Holcim share they own by the close of business on 20 June 2025. This spin-off has been structured to ensure tax neutrality for Swiss taxes and tax-free status for US federal income taxes.

Ratings agencies S&P Global Ratings and Moody’s Ratings have both given Amrize stable outlooks, with ratings of BBB+ and Baa1, respectively. This robust foundation sets the stage for Amrize to operate as a strong and independent entity in the North American market.

The planned spin-off marks a significant milestone for Holcim, allowing the company to streamline its operations and focus on its core business areas. By separating its North American business, Holcim can create more targeted strategies while providing added value for shareholders.

The spin-off decision also reflects Holcim’s commitment to enhancing shareholder value and driving sustainable growth. By unlocking the full potential of its North American division through this strategic move, Holcim aims to optimize its operations and deliver stronger performance in the market.

With the commencement of trading on major stock exchanges, Amrize is poised to establish itself as a leading player in the industry, leveraging its position to drive innovation, sustainable practices, and operational excellence.

The successful completion of this spin-off underscores Holcim’s dedication to adapting to changing market dynamics and unlocking new opportunities for growth. By creating a separate entity for its North American operations, Holcim is paving the way for a more agile and focused approach to business, ultimately benefiting its stakeholders and reinforcing its position as a key player in the global cement industry.

As Amrize embarks on its journey as an independent entity, it carries with it a strong foundation built on the pillars of expertise, innovation, and a commitment to excellence. With a clear vision and strategic direction, Amrize is well-positioned to navigate the competitive landscape and deliver long-term value for its shareholders and stakeholders.