Lhoist

Lhoist

Produces lime and dolime for industries

Overview

Lhoist makes and supplies lime, dolime (dolomitic lime), and other mineral-based products used in heavy industry and environmental applications. Its products are produced through calcination of limestone and related processes at more than 135 production sites worldwide, and are used as process inputs in steel and metals, construction, water treatment, agriculture, pulp and paper, chemicals, and emissions control. The company also offers technical support and tailored formulations to improve process efficiency and help customers meet environmental standards. Lhoist differentiates itself through a long family-owned history, a global footprint, and ongoing investments in R&D and decarbonization initiatives to address sustainability goals. Its overarching aim is to support customers in improving efficiency, reducing environmental impact, and progressing toward decarbonization, including carbon capture initiatives.

Funded Recently

About Lhoist

Simplify's Rating
Why Lhoist is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$252.5M

Headquarters

Nivelles, Belgium

Founded

2000

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Simplify's Take

What believers are saying

  • Steelmakers' decarbonization sustains demand for lime and dolime process inputs.
  • Water, wastewater, and flue gas treatment provide recurring environmental demand.
  • Technical support and tailored formulations deepen customer dependence beyond commodity pricing.

What critics are saying

  • Martin Marietta's $13.5 billion deal weakens Lhoist North America's U.S. position.
  • Energy-intensive kiln calcination exposes margins to gas, power, and carbon spikes.
  • Steel production shifts to hydrogen DRI and electric arc furnaces reduce lime demand.

What makes Lhoist unique

  • Founded in 1889, Lhoist remains family-controlled and privately held.
  • Its integrated model spans quarrying, calcination, chemical modification, and custom formulations.
  • It operates 135+ sites across over 25 countries and sells worldwide.

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Funding

Total Funding

$252.5M

Above

Industry Average

Funded Over

3 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Wedoany
Jul 18th, 2026
Martin Marietta Materials Acquires Lhoist North America for $13.5 Billion to Create Largest U.S. Lime and Limestone Producer

U.S. building materials company Martin Marietta Materials has announced the acquisition of Lhoist No...

Midwest Communications, Inc.
Jun 29th, 2026
Martin Marietta to combine with Lhoist North America in $13.5 billion deal.

Martin Marietta to combine with Lhoist North America in $13.5 billion deal. By Thomson Reuters Jun 29, 2026 | 6:53 AM June 29 (Reuters) - Building material firm Martin Marietta Materials said on Monday it would merge with limestone supplier Lhoist North America in a cash-and-stock deal worth $13.5 billion, including debt. Shares of the Raleigh, North Carolina-based company were down about 3% in premarket trade. Martin Marietta would use a mix of $7 billion in cash along with shares valued at $6.5 billion to fund the deal, the company said. Lhoist's Berghmans family - which owns the privately held Lhoist Group, a family-owned Belgian industrial company - would own roughly 15% of Martin Marietta upon the deal's close. The deal is expected to be completed in the second half of 2026. (Reporting by Anshuman Tripathy in Bengaluru; Editing by Shailesh Kuber and Devika Syamnath)

The Bibb Voice
Dec 19th, 2023
Ready Mix USA and Lhoist Unite to Spread Christmas Cheer at Randolph Elementary

Teaming up with local quarries, Lhoist and Ready Mix USA, RES has been extending a helping hand to the children and families in need, embodying the true essence of the holiday season.

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