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Ciments du Maroc: CEO, Ownership & Revenue Profile 2026

Company: Ciments du Maroc

Country: Morocco

Sector: Construction Materials

CEO: Severin Weig (Chief Executive Officer); Mohamed Boujanoui (Board President, since 2026)

Website: https://www.cimentsdumaroc.com

Careers Page: Not publicly listed

LinkedIn: Not publicly listed

Email: Not publicly listed

Headquarters: Casablanca, Morocco

Founded: 1951

Valuation/Revenue: $437.7m revenue / $2,908.2m market value (African Business Top 250, 2025)

Ciments du Maroc is one of Morocco’s leading cement producers, manufacturing cement, lime and hydraulic binders for the Moroccan construction industry. Founded in 1951 and headquartered in Casablanca, it is part of the German building-materials multinational Heidelberg Materials group and is listed on the Casablanca Stock Exchange.

What Does Ciments du Maroc Do?

Ciments du Maroc manufactures and distributes cement, lime, hydraulic binders and related construction materials for Morocco’s building and infrastructure sectors. The company operates cement production facilities across the country and has grown through acquisitions, including the 2025 completion of its purchase of Asment de Témara and Grabemaro, expanding its production footprint and market share in Moroccan cement.

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How Old Is Ciments du Maroc?

The company was established on 28 June 1951, giving it more than seven decades of operating history as one of Morocco’s original industrial cement producers, predating Morocco’s independence and evolving through multiple ownership structures to its current position within the Heidelberg Materials group.

Who Is the CEO of Ciments du Maroc?

Severin Weig serves as Chief Executive Officer of Ciments du Maroc. In 2026, the company also restructured its board governance: Mohamed Boujanoui was appointed as the new Board President, replacing Hakan Gürdal, who moved into a Vice-President role after having led the company as Director General since 2017. The board now includes 40% women, exceeding Morocco’s 2027 gender-representation target ahead of schedule.

Who Owns Ciments du Maroc?

Ciments du Maroc is part of the Heidelberg Materials group (formerly HeidelbergCement), the German-headquartered international building materials multinational, which controls the company through its African and Eastern Mediterranean regional operations. The remaining shares trade on the Casablanca Stock Exchange (Bourse de Casablanca).

How Big Is Ciments du Maroc?

African Business’s Top 250 (2025) recorded Ciments du Maroc’s revenue at approximately $437.7 million and market value at approximately $2.9 billion, making it one of the highest market-value-to-revenue companies on the list, reflecting the strong margins typical of Moroccan cement producers. For fiscal year 2025, the company reported consolidated net income of roughly 1.4 billion Moroccan dirhams (approximately KMAD 1,401,699) and approved a dividend of 65 dirhams per share, payable in July 2026.

Is Ciments du Maroc Publicly Traded?

Yes. Ciments du Maroc trades on the Casablanca Stock Exchange and is one of four major players dominating Morocco’s cement industry alongside its listed and unlisted domestic competitors.

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How Does Ciments du Maroc Compare to Its Competitors?

Morocco’s cement industry is dominated by four major producers, of which Ciments du Maroc is one of the largest, competing against LafargeHolcim Maroc (itself a separate, JSE-listed entity despite the similar name), Ciments de l’Atlas, and other regional producers. Its backing by Heidelberg Materials gives it access to international technical and operational expertise that smaller domestic rivals lack.

What Has Ciments du Maroc Been in the News For Recently?

The company’s most notable recent news is its 2025 acquisition of Asment de Témara and Grabemaro, expanding its production capacity, alongside its 2026 governance overhaul that saw Mohamed Boujanoui take over as Board President from Hakan Gürdal and a strong set of full-year 2025 financial results approved at its May 2026 shareholder meeting, including a healthy per-share dividend.

How Do I Apply for a Job at Ciments du Maroc?

Ciments du Maroc lists opportunities through its corporate website; specific careers-portal and LinkedIn URLs could not be independently verified for this profile.

How Many People Does Ciments du Maroc Employ?

Ciments du Maroc employs approximately 720 staff, a relatively lean headcount reflecting the highly capital-intensive, automated nature of modern cement production. The company’s share capital stands at roughly 1.44 billion Moroccan dirhams, divided into more than 14.4 million shares, underscoring its status as one of the larger industrial stocks on the Casablanca exchange despite its modest employee base. Its Heidelberg Materials parentage also gives Ciments du Maroc access to group-wide research and sustainability programmes, including efforts to reduce the carbon intensity of cement production through alternative fuels and clinker-substitution techniques — an increasingly important theme for cement makers globally as environmental regulation tightens.

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Links

Website: https://www.cimentsdumaroc.com
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed

FAQ

Is Ciments du Maroc the same company as LafargeHolcim Maroc?
No, they are separate, competing Moroccan cement producers, despite the similarly-themed names; Ciments du Maroc is part of Heidelberg Materials.

Who is the CEO of Ciments du Maroc?
Severin Weig is the current Chief Executive Officer.

Is Ciments du Maroc publicly traded?
Yes, on the Casablanca Stock Exchange.

How big is Ciments du Maroc?
African Business’s Top 250 (2025) valued it at roughly $2.9 billion market value on about $437.7 million revenue.

Who owns Ciments du Maroc?
It is part of the German multinational Heidelberg Materials group.

Is Ciments du Maroc still operating in 2026?
Yes, and it recently completed acquisitions and reported strong FY2025 results.