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CHAILLÉ-SOUS-LES-ORMEAUX, France - Hoffmann Green Cement Technologies (PARIS:ALHGR), a €77.22M market cap company with impressive revenue growth of 76.56% in the last twelve months, has entered into a strategic partnership with Donada and MRC Constructions, two subsidiaries of the Angevin Group, according to a press release issued by the company. InvestingPro data shows the company generated €15.9M in revenue last year, maintaining a robust gross margin of 70%.
The agreement includes multi-year volume commitments for Hoffmann’s clinker-free, low-carbon cements. The partnership follows successful pilot projects where the Angevin Group tested Hoffmann’s 0% clinker cements to validate their performance in real construction applications.
Groupe Angevin, a family-owned business established in 1936 and now in its third generation of leadership, operates as a construction company across western France and the Île-de-France region. The company specializes in industrial buildings, functional facilities, civil engineering, housing, and renewable energy infrastructure. According to InvestingPro analysis, Hoffmann Green’s stock has faced challenges, declining 35.67% over the past year, though current indicators suggest the stock may be undervalued. Discover more insights and 12+ additional ProTips with an InvestingPro subscription.
"This strategic partnership with Groupe Angevin consolidates our presence in western France and confirms the appeal of our low-carbon solutions," said Julien Blanchard and David Hoffmann, Co-founders of Hoffmann Green Cement Technologies, in the press release.
Sébastien Angevin, Co-manager of the Angevin Group, stated that the partnership "illustrates our desire to build differently" by incorporating environmentally friendly materials.
Hoffmann Green Cement Technologies produces cold-manufactured cement with a carbon footprint reportedly five times lower than traditional cement. The company operates two production units in Bournezeau, western France, and plans to build a third factory in the Rhône-Alpes region by 2027-2028, which would bring its total production capacity to approximately 1,000,000 tons per year. While the company maintains strong growth potential with its expansion plans, InvestingPro data indicates it is not yet profitable, with negative EBITDA of €5.34M in the last twelve months.
The partnership aligns with Hoffmann Green’s diversification strategy and strengthens its regional presence in key construction market segments including industrial buildings and renewable energy infrastructure.
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