Swiss building materials giant Holcim has announced plans to spin off its entire North American operations in a New York flotation, with expectations of valuing the business at around $30 billion. This strategic move, described as the biggest shake-up since the company's acquisition of Lafarge in 2015, signals a significant shift in its operational focus and leadership structure. Miljan Gutovic, currently heading Holcim's operations in Europe, is set to take over as CEO from Jan Jenisch starting May 1. This leadership transition coincides with the ambitious divestment strategy aimed at unlocking the full potential of Holcim's North American arm. The...