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Amrize

Amrize is the North American building-solutions company spun off from Holcim in 2025, offering advanced branded materials and building-envelope systems from foundation to rooftop.

Last updated October 17, 2026

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Overview

Amrize is a Swiss-domiciled, North America-focused building materials and building envelope company created through the spin-off of Holcim's North American operations. Its legal and registered headquarters are in Zug, Switzerland, while its operational headquarters are in Chicago, United States. The company was formally established in 2023 as Holcim North America Finance AG, when Holcim regrouped its North American businesses — Holcim US (including Lafarge North America) and Lafarge Canada — into a single entity. In January 2024 Holcim's management announced the separation of the North American activities, and Amrize was listed on the SIX Swiss Exchange on 23 June 2025. Holcim shareholders received one Amrize share for each Holcim share they held, and Amrize replaced Sonova in the SIX index. The same month, the Lafarge brand disappeared from the North American continent when Lafarge Canada became Amrize Canada. Amrize describes itself as "the partner of choice for professional builders with advanced branded solutions from foundation to rooftop." It operates through two businesses: Building Materials, which covers cement, aggregates, ready-mix concrete, asphalt and concrete products; and Building Envelope, which covers roofing, insulation, sealants and weatherization systems. The company serves all construction markets — infrastructure, commercial, residential, and repair and refurbishment — and says it delivers to customers in every U.S. state and Canadian province through more than 1,000 sites and a highly efficient distribution network. In 2025, more than 77% of its revenue came from the United States and 22.9% from Canada. The company's strategy rests on five drivers: a 100% focus on North America; an unparalleled footprint and resources; a track record of value creation; unlocking its next phase of growth; and, according to its own framing, building on its position as North America's leading building solutions company. Amrize employs roughly 19,000 teammates. Its leadership team is chaired by Jan Jenisch, who is Chairman and CEO, with Samuel J. Poletti as Chief Financial Officer, Jaime Hill as President of Amrize Building Materials, and Mario Gross as President of Amrize Building Envelope. The Board of Directors includes Nicholas Gangestad as Lead Independent Director and directors Dwight Gibson, Holli Ladhani, Michael E. McKelvy, Don P. Newman, Jürg Oleas, Robert S. Rivkin, Katja Roth Pellanda, Jacques Wolf Sanche and Maria Cristina A. Wilbur. Amrize's heritage reaches back through Lafarge's North American expansion from 1956 and Holcim's U.S. operations from 1981, through the 2015 Lafarge-Holcim merger and the 2021 rebranding to Holcim US, to the 2025 spin-off that created Amrize as an independent, publicly traded North American champion.

History

Amrize's history is the story of two European cement giants building and then merging their North American businesses, before separating them again as a standalone company. Lafarge's North American presence began in 1956, when the French group Lafarge created Lafarge Cement of North America (LCNA), based in Vancouver, Canada. In June 1965, Ciments Lafarge Québec was formed in connection with the 1967 Montreal World's Fair, and it also created a distribution subsidiary, North East Cement, in Syracuse, New York. In April 1969, LCNA acquired all shares of Ciments Lafarge Québec, giving birth to Lafarge Canada, Inc., the third-largest Canadian cement maker. That same year, Lafarge and Canada Cement, Canada's leading cement producer, began talks about a possible merger; Lafarge and McConnell, a Canada Cement shareholder, together obtained 43% of Canada Cement. In September 1969 Lafarge Canada proposed a merger by share exchange, finalized in May 1970, making Lafarge Canada a subsidiary of Canada Cement, which became Canada Cement Lafarge (CCL). In March 1971 Lafarge increased its stake and became the majority shareholder of CCL, which then had 11 plants in Canada with a total capacity of 6 million tonnes per year. In May 1981 Lafarge launched a takeover bid for the American cement maker General Portland, and after tough negotiations a deal was struck at $47 per General Portland share; by November the offer had reached 96%. General Portland, then representing 7% of the U.S. cement market, merged with CCL to form Lafarge Corporation, listed on the New York Stock Exchange and the largest North American cement producer. In 2001 Lafarge Corporation became Lafarge North America, employing nearly 15,500 people in the United States and Canada. Separately, Holcim's U.S. origins date to 1981, when Holnam Inc. was incorporated in Michigan. In 2001 Holnam Inc. became Holcim US, Inc., a subsidiary of the Swiss Holcim group. On 7 April 2014, Lafarge and Holcim announced a merger between the world's number one and number two cement companies, with the new entity based in Switzerland. Lafarge North America, Inc. and Holcim (US), Inc. merged into LafargeHolcim US, while Holcim (Canada), Inc. was fully divested at the request of the Canadian Competition Bureau, with Lafarge Canada, Inc. retained. As part of the merger, divested assets went to several buyers: Italy's Buzzi Unicem, via its U.S. subsidiary, obtained the Holcim terminals at Rock Island, Elmira and Grandville; Ireland's CRH obtained all of Holcim Canada's activities plus the Holcim plant at Three Forks and terminals at Buffalo, Cleveland, Detroit, Dundee and Duluth linked to the Holcim Mississauga plant in Canada; the U.S. company Eagle Materials obtained the Holcim Chicago plant; the U.S. company Essroc Cement Corp. obtained the Holcim Camden plant and the Everett terminal; and the U.S. company Summit Materials obtained the Lafarge Buffalo plant and seven Lafarge terminals along the Mississippi, which were integrated into Continental Cement. In 2021, LafargeHolcim US reverted to the name Holcim US, mirroring its parent company. On 13 April 2023, Holcim regrouped its North American activities — Lafarge Canada and Holcim US — into the entity Holcim North America Finance AG. In January 2024, Holcim's management announced the spin-off of the group's North American activities. The spin-off culminated in 2025. Amrize was listed on the SIX Swiss Exchange on 23 June 2025, reaching a market capitalization of CHF 24.7 billion before falling 8.8% at close. Holcim shareholders received one Amrize share for each Holcim share held. Holcim's share price fell 33% the same day following the removal of Amrize's assets, though the loss was smaller than expected. Amrize replaced Sonova in the SIX index. The same month, the Lafarge brand disappeared from the North American continent when Lafarge Canada became Amrize Canada. In 2025, more than 77% of Amrize's revenue came from the United States, against 22.9% from Canada. Amrize now presents itself as a North America-focused building solutions company with two businesses — Building Materials and Building Envelope — serving infrastructure, commercial, residential, and repair and refurbishment markets in every U.S. state and Canadian province.

  • 2025

    Amrize lists on SIX Swiss Exchange on 23 June with market capitalization of CHF 24.7 billion; Lafarge Canada becomes Amrize Canada

  • 2024

    Holcim management announces spin-off of North American activities in January

  • 2023

    Holcim regroups North American activities into Holcim North America Finance AG on 13 April

  • 2021

    LafargeHolcim US reverts to the name Holcim US

  • 2015

    Lafarge North America and Holcim (US) merge into LafargeHolcim US; Holcim Canada divested

  • 2014

    Lafarge and Holcim announce merger on 7 April

  • 2001

    Lafarge Corporation becomes Lafarge North America; Holnam Inc. becomes Holcim US, Inc.

  • 1981

    Lafarge acquires General Portland and merges it with CCL to form Lafarge Corporation, listed on the NYSE; Holnam Inc. incorporated in Michigan

  • 1971

    Lafarge becomes majority shareholder of CCL, which then has 11 plants in Canada with 6 million tonnes annual capacity

  • 1970

    Merger of Lafarge Canada with Canada Cement finalized, forming Canada Cement Lafarge (CCL)

Products and positioning

Partner of choice for professional builders, offering advanced branded solutions from foundation to rooftop across all North American construction markets.

  • Cement

  • Aggregates

  • Ready-mix concrete

  • Asphalt

  • Concrete products

  • Roofing systems

  • Insulation

  • Sealants

  • Weatherization systems

Controversies

  • 2019

    Lafarge Canada fined over workplace safety failure

    Lafarge Canada received a US$0.3 million fine for failing to ensure that workplace safety measures and procedures were upheld. The penalty followed the 2017 death of an employee at the company's Beachville quarry. The fine relates to the company's failure to maintain required safety measures and procedures at the site.

Read more

Recent events

  • Amrize appoints Sam Poletti as Chief Financial Officer[8]

    Reported:

    Amrize's Board of Directors appointed Samuel J. Poletti as Chief Financial Officer effective August 24, succeeding Baris Oran, who stepped down for personal reasons. Amrize also named Dillon Cumming as vice president of Investor Relations, joining September 8.

  • Unconfirmed

    Holcim US opens solar power plant at Hagerstown[9]

    Holcim US opened a 10MW solar power plant at its Hagerstown, Maryland cement plant in partnership with Greenbacker Renewable Energy Company. The company said the plant will supply 25% of the cement plant’s energy needs.

  • Unconfirmed

    Lafarge Canada fined over workplace safety failure[7]

    Lafarge Canada received a US$0.3 million fine for failing to ensure workplace safety measures and procedures were upheld, following an employee’s 2017 death at its Beachville quarry.

Sources9 sources

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