HeidelbergCement buys 45% stake in US-based Command Alkon

HeidelbergCement buys 45% stake in US-based Command Alkon

Thoma Bravo, one of the largest software-focused private equity firms, will keep a 55% in the company

HeidelbergCement, the world's second-largest cement maker, said on Tuesday it has taken a 45% stake in the U.S.-based Command Alkon, which provides software and technology needed to manage construction materials' supply chains. “Our goal is to become the first industrial-tech company in our industry. With this partnership we believe we can set a standard for the heavy construction materials industry," told Dominik von Achten, CEO, HeidelbergCement. HeidelbergCement a year ago outlined its new corporate strategy based on the two trends of climate change and digitalisation in a bid to transform its business in one of the most CO2-intensive industries worldwide. Command Alkon's portfolio includes software and technology for plant and site automation, materials ordering and scheduling, inventory and mix management, trucking logistics and fleet optimisation as well as office and field operations.

Thoma Bravo acquired Command Alkon for an undisclosed sum last year.

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