HEIDELBERG MATERIALS AG Business Summary

Heidelberg Materials AG (HDLMY) is a global powerhouse in the heavy building materials sector, operating an integrated business model that generates revenue through the production and distribution of cement, aggregates, ready-mixed concrete, and asphalt. The company’s operations are structured into five core geographical segments—Western and Southern Europe, Northern and Eastern Europe-Central Asia, North America, Asia-Pacific, and Africa-Mediterranean-Western Asia—alongside a specialized global trading unit. As of mid-2026, the firm has solidified its market position by transitioning from a volume-centric producer to a high-margin provider of sustainable solutions, monetizing its "evoZero" carbon-captured products and circular recycled materials. Within the global competitive landscape, Heidelberg Materials maintains a top-three position alongside Holcim, CRH, and Cemex, distinguishing itself through its industry-leading Carbon Capture, Utilization, and Storage (CCUS) project pipeline and a rigorous "Transformation Accelerator" initiative focused on cost discipline and price-over-cost optimization. Founded in 1873 by Johann Philipp Schifferdecker, the company is currently directed by a Managing Board led by Chairman (CEO) Dr. Dominik von Achten, a former Boston Consulting Group executive who has steered the group’s green and digital pivot since 2020. The executive team includes CFO René Aldach, a long-term internal leader who manages the group’s capital allocation and efficiency programs, and Chief Sustainability & New Technologies Officer Katharina Beumelburg, who joined from Siemens Energy to oversee the firm’s path to Net Zero. Other key leadership figures include CTO Axel Conrads and Chief Digital Officer Dennis Lentz, both tasked with modernizing the firm’s asset-heavy industrial base. The company’s strategic oversight is provided by a Supervisory Board chaired by former CEO Dr. Bernd Scheifele, with the Merckle family (via Spohn-Cement Beteiligungen GmbH) serving as the most significant long-term anchor shareholder, ensuring stable governance for its global infrastructure and construction projects.