on KHD Humboldt Wedag International AG (ETR:MFG)
KHD Humboldt Wedag Secures Major US Contract
KHD Humboldt Wedag International AG, based in Cologne, announced a significant triumph with its subsidiary, Humboldt Wedag, Inc. (HW Inc), located in Peachtree Corners, Georgia, USA. The subsidiary secured a substantial contract with Alamo Cement Company, part of the Buzzi S.p.A. Group. This contract involves engineering and equipment supply for a state-of-the-art cement grinding facility.
The contract, valued at over €40 million, marks a notable expansion in KHD's footprint within the US market, though the order will be officially booked once all contractual conditions are met. This milestone underscores KHD's robust presence in the construction and engineering sectors, positioning the company for future growth included in regulated markets like the Frankfurt Stock Exchange.
R. H.
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