Holcim Ltd. (SWX:HOLN) will seek acquisitions. Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Officer Jan Jenisch said on May 16, 2022, with the cement-maker currently eyeing 10 potential targets. "We hope we can keep a similar pace and put this money to work very fast," Jenisch said.

"At the moment we have around 10 transactions being checked by us, being negotiated by us. They are small transactions, they are bigger transactions," Jenisch told reporter. The company would also look at smaller bolt on deals in the aggregates and ready-mix concrete areas, Jenisch said.