IRAKLIS Group: Successfully completed the acquisition of activities of HALYPS Building Materials SA

The successful completion of the acquisition of the aggregates and concrete activities of the company HALYD Construction Materials SA announced the HERACLES Group.

In the field of aggregates, the investment expands the geographical footprint of the HERACLES Group and strengthens its competitiveness in the dynamically developing market of Attica, the company notes in a relevant announcement and adds: use in the production of concrete, bituminous concrete, cement, plaster and paving, resulting in the complete support of its customers in the construction of each infrastructure project.

In the field of concrete, continuing to consistently implement its “green” strategy, the HERACLES Group intends to immediately sell the new “green” series of concretes with low carbon footprint ECOPact from the new production units. In doing so, it reaffirms its commitment to leading the transition to lower carbon footprints.

With the addition of the new employees who all without exception become part of the family of HERACLES Group without the slightest change in their labor rights and employment status, further strengthens the human resources, which for the HERACLES Group is one of the most important factors competitiveness and value creation.

“Today, a strategic investment for the HERACLES Group was successfully completed, which significantly contributes to the strengthening of our competitive position in Attica and further strengthens our leading position in the construction materials sector in Greece,” said the CEO of the HERACLES Group, Dimitris Han added: “With great pleasure, we welcome the new employees in the large family of HERACLES Group and in an environment of excellence, trust and respect. We continue our dynamic investment program confirming our Group’s faith in the potential and prospects of Greek society and national economy “.