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Rinker Group

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The Rinker Group was an Australian -headquartered multinational building products company. Before its acquisition by Cemex , it was listed on both the Australian Securities Exchange and the New York Stock Exchange .

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36-477: The business was on-sold by Cemex to Holcim in 2009 and now operates under the banner of Holcim (Australia) Pty Ltd . Rinker operated three major divisions: Rinker Group was established as a separate entity in 2003 through its demerger from CSR Limited . CSR had earlier purchased Rinker Materials, which was founded by Marshall "Doc" Rinker and A.V. Hansen in 1926. The company has approximately 14,000 employees and as of 2004 has sales of around US$ 3,700 million and

72-417: A mortgage or a rent-to-own agreement). As of 2000 , there were 22 homes with 1 or 2 persons in the household, 176 homes with 3 or 4 persons in the household, and 115 homes with 5 or more persons in the household. As of 2000 , there were 320 private households (homes and apartments) in the municipality, and an average of 2.4 persons per household. In 2008 there were 156 single family homes (or 38.1% of

108-630: A "merger of equals" valued at nearly $ 60 billion. The merger entails 10 Lafarge shares being converted into 9 Holcim shares. Holders of 86% of Lafarge shares accepted this offer in June 2015, according to Holcim, meaning that the merger would proceed. The new company would be based in Switzerland and have a manufacturing capacity of 427 million tons a year, which would vastly exceed the 227 million ton capacity of current industry leader Anhui Conch . Lafarge Chief Executive Officer Bruno Lafont will lead

144-612: A market capitalization of about US$ 5 billion. Its net profit was US$ 492 million in the 2003-04 financial year. In the Companies Target Statement over Cemex 's takeover bid they showed the group's result from 98 (they were at this time owned by Commonwealth Sugar Refineries). They revealed that the compound average growth rate for EBITDA is 24.8 while sales grew at 14.3% average compound. Taking these figures it's evident that in nine fiscal years, their EBITDA margin has doubled from 14% to 28%. This means on average over

180-539: A stakes in The Associated Cement Companies (ACC) and Ambuja Cement Eastern. In 2008, Holcim became the largest shareholder of China's Huaxin Cement with a 40% stake. In 2009, they acquired Cemex Australia. In February 2012, Bernard Fontana became the first CEO of Holcim that was not part of the founding families. On 7 April 2014, Holcim and Lafarge announced they had agreed to terms on

216-676: Is a municipality in the district of Lenzburg in the canton of Aargau in Switzerland . Archeological discoveries indicate that the area around Holderbank has been occupied since the Neolithic era. Discoveries include; individual items from both the Neolithic and Bronze Ages , Roman era ruins and ceramics, and Alamanni graves. The modern municipality of Holderbank is first mentioned in 1259 as in Halderwange though this

252-459: Is from a 14th Century copy of the original. Around 1273 it was mentioned as de Halderwanch . Portions of the village were owned by Murbach Abbey , though they sold their holdings to the Habsburgs in 1291. The Habsburgs promptly transferred the land around Holderbank to their vassals the von Wildegg family. In addition to land, the von Wildeggs also acquired the right to low justice in

288-555: Is manufacturing and distributing cement and aggregates. As of 2014, Holcim's annual production capacity was 215 million tons. It has a BBB credit rating according to Fitch Ratings , affirmed on March 11 2024. Holcim is the cement market leader in Australia, Azerbaijan, India, Slovakia, Switzerland, and Latin America. It is among the top few producers throughout Europe, North America, and Asia. Globally, Holcim and Lafarge are

324-455: Is too rocky for vegetation. The municipality is located in the Lenzburg district. It consists of the linear village of Holderbank and the hamlets of Kernenberg (also known as Heilanstalt). The blazon of the municipal coat of arms is Gules an Elder-tree proper issuant from a circular Bench Argent . This is an example of canting with the elder tree ( German : Holunder ) and

360-548: The CVP (5.1%). The historical population is given in the following table: As of  2007 , Holderbank had an unemployment rate of 3.38%. As of 2005 , there were 14 people employed in the primary economic sector and about 3 businesses involved in this sector. 72 people are employed in the secondary sector and there are 12 businesses in this sector. 602 people are employed in the tertiary sector , with 28 businesses in this sector. In 2000 there were 411 workers who lived in

396-553: The Swiss Reformed Church . Holderbank sits on the Baden–Aarau line and is served by trains at Holderbank railway station . The entire Swiss population is generally well educated. In Holderbank about 63.3% of the population (between age 25-64) have completed either non-mandatory upper secondary education or additional higher education (either university or a Fachhochschule ). Of the school age population (in

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432-402: The 18th and 19th Centuries textile processing provided an additional income opportunity. From 1835 to about 1890 there was a cotton printing industry. In 1858 a railway line was built through the village, though a train station was only added in 1999. In 1912 a lime processing factory and a portland cement factory were built. An earthenware factory was founded in 1933, which produced until

468-405: The 1970s. In 1950 three quarters of the workforce worked in the industrial sector, while in 2000 roughly three-fourths work in the services sector. Holderbank has an area, as of 2009 , of 2.32 square kilometers (0.90 sq mi). Of this area, 0.44 km (0.17 sq mi) or 19.0% is used for agricultural purposes, while 0.84 km (0.32 sq mi) or 36.2% is forested. Of

504-534: The North American business with a full capital market separation. Holcim was founded by Adolf Gygi in 1912 as "Aargauische Portlandcementfabrik Holderbank-Wildegg". The original headquarters were in Holderbank , ( Lenzburg district , Canton of Aargau ). In 1914, the company merged with "Rheintalischen Cementfabrik Rüthi" owned by Ernst Schmidheiny. Schmidheiny took over leadership duties and began

540-629: The US-based Rinker Materials Corporation. In 2016, Cemex sold its Rinker Materials pipe business to Quikrete. The company's corporate headquarters are located in Chatswood , a Sydney suburb. Holcim Holcim is a Swiss-based global building materials and aggregates flagship division of the Holcim Group . The original company was merged on 10 July 2015 with Lafarge to form LafargeHolcim as

576-414: The area while parks, green belts and sports fields made up 1.3%. Out of the forested land, 32.8% of the total land area is heavily forested and 3.4% is covered with orchards or small clusters of trees. Of the agricultural land, 6.0% is used for growing crops and 12.1% is pastures. All the water in the municipality is in rivers and streams. Of the unproductive areas, 3.4% is unproductive vegetation and 3.9%

612-429: The average number of residents per living room was 0.55 which is about equal to the cantonal average of 0.57 per room. In this case, a room is defined as space of a housing unit of at least 4 m (43 sq ft) as normal bedrooms, dining rooms, living rooms, kitchens and habitable cellars and attics. About 59.4% of the total households were owner occupied, or in other words did not pay rent (though they may have

648-578: The bench ( German : Bank ) symbolizing the name of the municipality. " Holderbank has a population (as of December 2020 ) of 1,408. As of June 2009 , 24.5% of the population are foreign nationals. Over the last 10 years (1997–2007) the population has changed at a rate of 4.4%. Most of the population (as of 2000 ) speaks German (83.7%), with Serbo-Croatian being second most common ( 5.1%) and Italian being third ( 5.0%). The age distribution, as of 2008 , in Holderbank is; 90 children or 10.4% of

684-552: The board of directors was Hector Medina , executive vice-president of CEMEX. The other board members were also nominees from CEMEX. CEMEX Australia was sold to Holcim in June 2009 as part of an AUD 2 billion takeover bid and is now known as Holcim Australia. The deal included the Readymix and Humes business units and CEMEX's 25% stake in Cement Australia (one of Australia's major cement manufacturers) but did not include

720-731: The business, splitting it into two divisions. Ernst took over the Holderbank building materials business, while Max oversaw the other lines. This organization scheme remained in place until the 1970s. After World War II, Hans Gygi, son of Adolf Gygi, took over leadership. He oversaw the company during the Swiss housing boom of the 1950s, and as Holderbank expanded into Canada, then throughout North and South America. The company went public in 1958 in order to raise more capital to fuel further expansion. Hydroelectric projects in Switzerland generated large concrete contracts, offsetting losses in Egypt when

756-466: The company changed its name from "Holderbank Financière Glaris" to Holcim (short for Hol derbank cim ent). Asia drove growth in the 2000s, as the company saw more than 50% of its business come from emerging markets. In 2005, Holcim purchased Aggregate Industries for US$ 4.1 billion, entering the United Kingdom for the first time. That year, the company also expanded into India by acquiring

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792-622: The company on a course of expansion. In 1922, Holderbank, as the company was then known, expanded beyond the Swiss borders into France. Schmidheiny continued to expand, primarily by buying stakes in existing companies. By the end of the decade Holderbank held stakes in Belgium, Germany, the Netherlands, and Egypt. Positions in Lebanon and South Africa soon followed. Schmidheiny died in the 1930s and his sons, Ernst Jr. and Max , took over

828-468: The country's government nationalized Holderbank's factories. During the early 1970s, growth in Brazil and Mexico improved the company's bottom line. The Schmidheiny brothers convinced shareholders that the company should consolidate holdings and merge with Schweizerischen Cement-Industrie-Gesellschaft. The combined company had annual revenue of 800 million Swiss francs and established Holderbank as one of

864-543: The first time. Thomas Schmidheiny took over leadership, overseeing the company as in expanded into Eastern Europe and experienced a boom in Spanish construction preceding the 1992 Summer Olympics . By 1986, Holderbank was the world's largest cement manufacturer. In the 1990s, the company consolidated its European holdings as the American market drove growth. Expansion into Eastern Europe and Russia continued. In 2001,

900-483: The industry's largest companies worldwide. The oil crisis of 1973 hit the industry hard as construction demand dried up in much of the world. Strong markets in Lebanon and South Africa allowed Holderbank to weather the storm. By 1976, revenue and profits had returned to pre-crisis levels. In the late 1970s and early 1980s, Holderbank continued its expansion in Latin America and expanded into Asia and Spain for

936-592: The last 9 years 32.9% of any amount that sales grow by (14.3%) will result in 32.9% sales growth directly translated into EBITDA. Rinker Group was acquired by CEMEX, the world's third-largest cement producer, through its subsidiary CEMEX Australia Pty Ltd. in a US$ 14.2 billion takeover bid. As of June 2007, CEMEX owned a 67.3% stake in Rinker Group. The chief executive officer was David Clarke, who had long worked in CSR's heavy building products division. The chairman of

972-430: The municipality. Of these, 324 or about 78.8% of the residents worked outside Holderbank while 473 people commuted into the municipality for work. There were a total of 560 jobs (of at least 6 hours per week) in the municipality. Of the working population, 7.6% used public transportation to get to work, and 59% used a private car. From the 2000 census , 231 or 28.7% were Roman Catholic , while 388 or 48.3% belonged to

1008-577: The new company and renamed to Holcim Group in 2021. The Holcim brand remained active within the group when the merger was completed. Founded in 1912, the company expanded into France and Europe and the Middle East during the 1920s. They expanded in the Americas during the 1950s and went public in 1958. The company continued to expand in Latin America and added Asian divisions during the 1970s and 1980s. A series of mergers and buyouts made Holcim one of

1044-446: The new company, while Holcim's Wolfgang Reitzle will be chairman. Executives from both companies said the deal will save the new company 1.4 billion euros (US$ 1.9 billion) annually and create "the most advanced group in the building materials industry." Analysts said the deal could lead to further mergers within the industry and give competitors a chance to pick up assets at a bargain price. Holderbank, Aargau Holderbank

1080-594: The population are between 0 and 9 years old and 77 teenagers or 8.9% are between 10 and 19. Of the adult population, 101 people or 11.7% of the population are between 20 and 29 years old. 122 people or 14.1% are between 30 and 39, 148 people or 17.1% are between 40 and 49, and 147 people or 17.0% are between 50 and 59. The senior population distribution is 97 people or 11.2% of the population are between 60 and 69 years old, 49 people or 5.7% are between 70 and 79, there are 30 people or 3.5% who are between 80 and 89,and there are 3 people or 0.3% who are 90 and older. As of 2000

1116-500: The rest of the land, 0.71 km (0.27 sq mi) or 30.6% is settled (buildings or roads), 0.16 km (0.062 sq mi) or 6.9% is either rivers or lakes and 0.17 km (0.066 sq mi) or 7.3% is unproductive land. Of the built up area, industrial buildings made up 6.5% of the total area while housing and buildings made up 10.8% and transportation infrastructure made up 8.2%. Power and water infrastructure as well as other special developed areas made up 3.9% of

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1152-548: The total) out of a total of 409 homes and apartments. There were a total of 8 empty apartments for a 2.0% vacancy rate. As of 2007 , the construction rate of new housing units was 1.2 new units per 1000 residents. In the 2007 federal election the most popular party was the SVP which received 58.4% of the vote. The next three most popular parties were the SP (11.2%), the FDP (10.4%) and

1188-893: The two largest cement manufacturers worldwide by 2014, roughly tied with rival Lafarge. In April 2014, the two companies agreed to a US$ 60 billion "merger of equals". The company was the market leader in cement production in Australia, Azerbaijan, India, Slovakia, Switzerland, and Latin America. Holcim is headquartered in Zug , Switzerland, and holds interests in more than 70 countries worldwide. They employ over 63,000 people. Subsidiaries include St. Lawrence Cement (Canada), Aggregate Industries (the UK), and Holcim Apasco (Mexico). The company's products include cement, clinker, concrete, lime, aggregates, and roofing materials. They also offer consulting services, third-party research and development, and land waste management services. Their largest business segment

1224-526: The two largest producers in terms of sales as of 2014. In 2024, Holcim announced its plans to add 1,000 units of the battery-electric truck from Mercedes-Benz Trucks to its European fleet, with both companies signing a joint letter of intent for this purpose. The volume represents the most significant planned single order for the eActros 600, which has contributed to the achievement of the sustainability goals of both companies. Also, in 2024, Holcim announced plans to spin off its North American business, listing

1260-522: The village. The parish church in Holderbank is mentioned for the first time in 1275. It served as grave church for the Twingherren of Wildegg. They also held the rights to collect the church taxes until 1805 when they ceded those rights to the canton. After the Reformation , in 1565 the villages of Möriken and Wildegg became part of the Holderbank parish . In 1701-02 the present church

1296-527: Was built by Samuel Jenner. The municipality appears to have been small initially. There were only 10 fireplaces recorded in 1559 and only 11 in 1653. By 1595-96 it is unclear whether Holderbank was considered a village or just a farm. The inhabitants lived mainly from agriculture, though the Aare often washed away their land. Until the 19th Century there were vineyards in the village (about 10 hectares (25 acres) in 1764 and 19 hectares (47 acres) in 1880). In

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