Page 51 - Sigmaroc Annual-Report 2023

51
Malte Konig
Development Director
In 2023, the Group completed several acquisitions and divestments.
The acquisitions:
1. Goijens Concrete Group, Belgium 2. Juuan Dolomitik, Finland
3. Retaining Holding Limited, UK
4. Björka Mineral, Sweden
5. Betons, Belgium
6. ST Investicija, Lithuania
The divestments:
1. Disposal of industrial land and a disused quarry, Belgium 2. Disposal of grinding plant, Poland
3. Disposal of road maintenance business, Belgium
Further information is available in the Key Developments section of the report.
In addition to these transactional activities the Group made progress on a number of other fronts.
RECENT DEVELOPMENTS
1. Ameli Green Lime Solutions
Significant progress has been made with the incorporation of the company and the formal securing of a land plot in Dunkirk harbor. The ongoing permitting process is a crucial step towards operational readiness, aligning with the Group’s strategic expansion plans.
2. New Crushing and Screening Plant in Soignies, Belgium
Investments in this facility underline the Group’s commitment to enhancing aggregate production capabilities. As preparations to assume commercialisation responsibilities by January 2025 continue, the Group is on track to further bolster its operational efficiency.
3. Baltic Aggregates Finland and Lithuania
Our operations in Finland have shown strong performance, particularly in the local market, with promising beginnings in export to Baltic countries. In Lithuania, rapid integration efforts and a focus on safety and efficiency have yielded excellent financial results, setting the stage for further improvements and expansion.
4. Nordkalk Turkey
Operating a limestone quarry in Eskibalikli, our joint venture in Turkey has demonstrated robust performance, affirming our ability to succeed in diverse markets.
5. Canteras La Belonga, Oviedo
Acquired in partnership with Carrières du Boulonnais, our limestone quarry in Oviedo has shown commendable results, with significant improvements across various operational aspects. Our focus remains on enhancing financial performance and expanding market reach, particularly in the local and export markets.