Filing of registration statement for a potential IPO of Hanson Building Products Limited
As part of its previously disclosed plan to divest a significant portion of its building products business in North America and the United Kingdom, HeidelbergCement today announced that its subsidiary, Hanson Building Products Limited (“Hanson Building Products”), has filed a registration statement with the U.S. Securities and Exchange Commission for a potential initial public offering (IPO) of its ordinary shares. Hanson Building Products was formed by HeidelbergCement to own and operate a diversified portfolio of concrete and clay building product manufacturing assets and sales channels in the United States, Eastern Canada and the United Kingdom. The number of shares to be offered and the price range for the potential offering have not yet been determined.
The offering will be made only by means of a prospectus. A copy of the preliminary prospectus related to this offering, when available, may be obtained by visiting EDGAR on the SEC website at www.sec.gov.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About HeidelbergCement
HeidelbergCement is the global market leader in aggregates and a prominent player in the fields of cement, concrete, and other downstream activities, making it one of the world’s largest manufacturers of building materials. The company employs some 51,000 people at 2,500 locations in more than 40 countries.
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