+
HeidelbergCement acquires 45% stake in Command Alkon
Cement

HeidelbergCement acquires 45% stake in Command Alkon

Cement manufacturing major HeidelbergCement has acquired 45% in Command Alkon, a software and technology provider, to manage the construction materials supply chain.

Software private equity firm Thoma Bravo will hold the remaining 55% in the company. According to HeidelbergCement, Thoma Bravo is the biggest global software base in construction materials.

CEO of HeidelbergCement, Dominik von Achten, told the media that the company's goal is to become the first industrial technology in construction. The partnership can set up a standard for the heavy construction materials sector.

Investment in Command Alkon and partnership with Thoma Bravo would allow the company to monetise the assets and transform them into a new growth path, he said.

According to the industry sources, HeidelbergCement was paying $250 million for the stake, and as a whole was being valued at $1.7 billion in the transaction.

Previously, HeidelbergCement outlined a new corporate strategy on climate change and digitalisation in a bid to transform the company into one of the most carbon-intensive industries in the world.

The portfolio of Command Alkon includes software and technology for plants and site automation, scheduling and ordering materials, inventory and mix management, logistic and fleet optimisation, and office and site operations.

A senior official of Thoma Bravo shows excitement to partner with HeidelbergCement. He said that the company is an industry leader in digital transformation, to support Command Alkon's growth strategy and transform the heavy building materials industry.

Image Source

Cement manufacturing major HeidelbergCement has acquired 45% in Command Alkon, a software and technology provider, to manage the construction materials supply chain. Software private equity firm Thoma Bravo will hold the remaining 55% in the company. According to HeidelbergCement, Thoma Bravo is the biggest global software base in construction materials. CEO of HeidelbergCement, Dominik von Achten, told the media that the company's goal is to become the first industrial technology in construction. The partnership can set up a standard for the heavy construction materials sector. Investment in Command Alkon and partnership with Thoma Bravo would allow the company to monetise the assets and transform them into a new growth path, he said. According to the industry sources, HeidelbergCement was paying $250 million for the stake, and as a whole was being valued at $1.7 billion in the transaction. Previously, HeidelbergCement outlined a new corporate strategy on climate change and digitalisation in a bid to transform the company into one of the most carbon-intensive industries in the world. The portfolio of Command Alkon includes software and technology for plants and site automation, scheduling and ordering materials, inventory and mix management, logistic and fleet optimisation, and office and site operations. A senior official of Thoma Bravo shows excitement to partner with HeidelbergCement. He said that the company is an industry leader in digital transformation, to support Command Alkon's growth strategy and transform the heavy building materials industry. Image Source

Next Story
Infrastructure Transport

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

Next Story
Infrastructure Transport

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Next Story
Infrastructure Transport

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App