How it started
History
The company was formed in September 1999 when Buzzi Cementi (founded as Fratelli Buzzi SpA in Trino by the brothers Pietro and Antonio Buzzi in 1907) took over Unicem (founded as Cementi Marchino in Casale by Luigi Marchino in 1878), and took on the name Buzzi Unicem. The company's founders were a large family connected to the successful Italian fencer, Lorenzo Buzzi; the Buzzi family has maintained a controlling shareholding in the business, reportedly amounting to approximately 59 percent of ordinary shares in 2024.
In 2004, the group acquired a controlling stake in the German cement company Dyckerhoff (founded as Portland-Cement-Fabrik Dyckerhoff & Söhne in Amöneburg by Wilhelm Gustav Dyckerhoff and his sons in 1864). Two years later, Buzzi Unicem launched an ultimately successful bid to fully acquire Dyckerhoff, although the firm's stake did increase to 88.37 percent.
In September 2014, the company purchased the Urals-based concrete activities of French industrial firm Lafarge in exchange for €104 million.
In May 2015, Buzzi Unicem's €120 million offer to purchase rival Italian cement producer Sacci, while accepted by the company itself, was dismissed by Sacci's creditors. Two years later, it wholly acquired the Italian firm Cementizillo via the purchase of the outstanding 52.1 percent of shares in exchange for €70.2 million.
In March 2018, Buzzi Unicem acquired the German firm Portlandzementwerke Seibel & Söhne through the Dyckerhoff subsidiary.
From Wikipedia’s article on Buzzi, shared under CC BY-SA 4.0.2