Benson Adds $5.2 Million Stake in Amrize After Holcim Spinoff

Company Overview - Amrize AG is a Switzerland-based provider of construction materials, operating independently since June 2025, with a market capitalization exceeding $26 billion and trailing 12-month revenue of $11.6 billion as of June 30 [5][4] - The company focuses on the building materials business in North America, serving commercial builders, infrastructure developers, and public sector clients across the United States and Canada [8] Recent Developments - Benson Investment Management Company, Inc. disclosed a new position in Amrize AG, acquiring 106,955 shares valued at $5.2 million, marking the first time Amrize AG has appeared in the fund's portfolio [2][6] - This new position represents 1.8% of the reportable assets under management (AUM) for Benson Investment Management [3] Financial Performance - As of the latest market close, Amrize AG shares were priced at $46.96, with a market capitalization of $26.1 billion [4][3] - The company's second-quarter 2025 results showed steady revenue of $3.22 billion and net income of $428 million, indicating a strong foundation despite a 4% decline in share price since its debut [7][9] Strategic Initiatives - Management is pursuing over $250 million in cost synergies through its ASPIRE efficiency program, targeting more than 50 basis points of margin improvement per year [9] - The company has an investment-grade balance sheet and is well-positioned to benefit from long-term U.S. infrastructure and manufacturing trends, suggesting potential for steady growth beyond the tech sector [9]