Forvis Mazars supported Geocycle (Holcim Group) on the acquisition of CemEnergy

Forvis Mazars in Poland supported Geocycle Poland (Holcim Group) as a financial and tax transaction services advisor on the acquisition of CemEnergy, a Polish alternative fuel manufacturing company. This transaction allows the company to increase its production capacity for Holcim’s cement plants in Poland. Geocycle provides sustainable waste management solutions to municipalities and industries by transforming waste into resources.

Marcin Wojtan, General Manager – Geocycle Poland:“Geocycle Poland has recently completed the acquisition of CemEnergy as part of our strategy of increasing our potential in alternative fuel production and waste utilization and strengthen Geocycle's market position in the production of alternative fuels for Holcim cement plants in Poland. Forvis Mazars supported Geocycle delivering the financial and tax due diligence streams, SPA advisory and completion accounts analysis. They provided a valuable input into the process, and we have been very pleased with the quality of their work at each stage of the project. We greatly appreciate their efforts, professionalism and flexibility that strongly contributed to a successful outcome.“

Jan Fido, Director, Head of Transaction Advisory – Forvis Mazars in Poland:“We were delighted to advise Geocycle Poland on this project, supporting to achieve Holcim Group’s objectives and strengthen its position on the Polish market. We wish Geocycle Poland, all Holcim Group community and its management team a successful further expansion and development of the business”.