Amsterdam, 23 March 2026 – Cementir Holding N.V. announces that its Danish subsidiary Aalborg Portland Holding A/S has entered into a binding agreement to acquire 100% of the share capital of Nymølle Stenindustrier A/S (“Nymølle”), the leading Danish aggregates player in terms of capacity, with a market share of around 10.3%.

Nymølle operates 26 land-based aggregate quarries across Denmark and holds a well-developed reserve base, providing a strong platform for future growth. The company boasts a solid market position, attractive margins and proximity to key metropolitan areas. The company reported revenues of DKK 213 million (around EUR 28.5 million) and pro-forma EBITDA of DKK 92 million (around EUR 12 million) for the fiscal year ending April 2025.

The transaction has an Enterprise Value of DKK 900 million (around EUR 120 million) on a cash and debt-free basis. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, expected by the third quarter of 2026.
This acquisition strengthens the Group’s vertically integrated business model by combining high quality aggregates with cement and ready-mixed concrete, while securing long term value creation. This transaction is expected to generate synergies of around DKK 30 million (around EUR 4 million) within 24 months from completion, through the integration with the Group’s existing operations in the Nordic & Baltic region.

“This transaction represents a unique opportunity to reinforce our vertically integrated model in Denmark, and supports the Group’s broader strategic objectives in low carbon building materials, by anchoring a highly profitable and cash generative Nordic platform within our portfolio”, commented Francesco Caltagirone Jr., Chairman and CEO of Cementir Holding.