- Entrance fees of €20 million, including 2 million
guaranteed
- Business model including entrance fees, royalties and the
sale of Hoffmann premix
Regulatory News:
Hoffmann Green Cement Technologies (ISIN: FR0013451044, Ticker:
ALHGR) (“Hoffmann Green Cement” or the “Company”), an industrial
player committed to the decarbonation of the construction sector
that designs and markets innovative clinker-free cements, announces
the signature of a 30-year licensing agreement in the United
States.
An exclusive 30-year licensing agreement with a firmly
established partner in the United States to benefit from Hoffmann
Green's 0% clinker technologies and replicate Hoffmann units on the
vertical model of the H2 production unit.
After a conclusive series of tests and several months of
discussions, Hoffmann Green has signed a licensing agreement with
Hoffmann Green USA, owned by Olivier Ducimetière-Monod and his
associate Francis Beauvallet. Olivier Ducimetière-Monod, based in
the United States since 1988, is a successful construction and
property development entrepreneur. With more than 35 years'
experience in the sector, Olivier Ducimetière-Monod has a strong
network in the American political and economic ecosystem as well as
precious expertise to support Hoffmann's development throughout the
United States. Francis Beauvallet, CEO of Beauvallet Construction,
a key player in the monument restoration and financial engineering
sector in France, will also bring his complementary expertise to
the deployment of the Hoffmann model in the United States.
In return for the industrial and technological transfer and
exclusivity in the first American states, Hoffmann Green will
receive a first entry fee of €2 million as well as fixed and
variable annual royalties based on sales generated by the
commercialization of Hoffmann cements. The contract also gives the
partner the option of sub-licensing Hoffmann units in these states.
This option represents an additional growth driver for Hoffmann,
generating more royalties and extending the sale of premix to
sub-licensees. Negotiations with key sub-licensees are already in
progress. This licensing agreement reaffirms the interest of
international partners in Hoffmann Green's innovative solution and
the viability of its international development model.
The contract signed with the partner also includes the option,
until 2025, of an extension of the license to the entire United
States in exchange for a total entry fee of €20 million.
Supporting the energy transition of the dynamic construction
sector in the United States by deploying several vertical plants
producing Hoffmann Green cement.
As part of the Inflation Reduction Act (IRA), a massive $370
billion investment plan adopted in the United States in 2022 to
combine reindustrialization and energy transition over a decade,
the United States has identified the reduction of greenhouse gas
emissions as a strategic priority. The plan targets a 50% reduction
in emissions by 2030 compared with 2005, positioning the energy
transition at the heart of economic development, particularly in
the construction sector, which is currently in a very dynamic
phase. Thanks to this strategic partnership and the deployment of
Hoffmann plants in the United States, Hoffmann Green and its
partner are providing an innovative solution to promote sustainable
constructions, thereby supporting the decarbonization of the
construction sector in the United States and accelerating its
transition to carbon neutrality.
Julien Blanchard and David Hoffmann, co-founders of Hoffmann
Green Cement Technologies, said: “The signing of this key
licensing agreement in the U.S.A. is the concrete result of the
pre-agreement announced at the end of last year. We are delighted
to join forces with two partners who share our vision of the
construction sector and have both significant expertise and
in-depth knowledge of the local ecosystem. After the licensing
agreement signed in 2023 in Saudi Arabia, this step strengthens our
international development strategy in two key states of the
American construction sector, with the option of extending this
agreement to the entire US territory by 2025. We thank our partner
for its confidence and are delighted with this new licensing
contract, which will contribute to the decarbonization of the U.S
dynamic construction sector. The deployment of our plants and the
commercialization of our 0% cement clinker will play a key role in
this transition.”
Olivier Ducimetière-Monod, successful construction and
property development entrepreneur in the United States and
co-associate of Hoffmann Green USA, added: “As part of the
Inflation Reduction Act to fund the U.S. energy transition, we are
thrilled to partner with Hoffmann Green to drive the
decarbonization of the building industry and promote sustainable
practices for future U.S. construction projects. This licensing
agreement is only the first step towards the future construction of
Hoffmann plants throughout the United States.”
Francis Beauvallet, CEO of Beauvallet Construction and
co-associate of Hoffmann Green USA, concluded: “The signing of
this contract represents a key French-American collaboration aimed
at promoting innovative and sustainable solutions to decarbonize
the construction sector in the United States. Thanks to our
complementary expertise in construction and property development in
the United States, we are committed to promoting and developing
Hoffmann plants and their 0% cement clinker throughout the United
States.”
ABOUT HOFFMANN GREEN CEMENT TECHNOLOGIES
Founded in 2014 and based in Bournezeau (Vendée, Western
France), Hoffmann Green Cement Technologies designs, produces and
distributes innovative extremely low-carbon cements – with a carbon
footprint 5 times lower than traditional cement – that present, at
equivalent dosage and with no alteration to the concrete
manufacturing process, superior performances than traditional
cement.
Hoffmann Green operates two production units powered by a solar
tracker park on the Bournezeau site: a 4.0 factory and H2, the
world's first vertical cement plant inaugurated in May 2023. A
third factory will be established at the Grand Port of Dunkirk in
2025, bringing the total production capacity to 550,000 tons per
year, representing 3% of the French market. The group has
industrialized a genuine technological breakthrough based on
modifying cement composition and creating a cold manufacturing
process, with 0% clinker and low energy consumption, making it a
leading and unique player in the cement market that has not evolved
for 200 years.
In a context of climate urgency and energy price inflation,
Hoffmann Green Cement actively participates in energy transition by
producing clean cement that consumes 10 to 15 times less energy
than Portland cement. It also promotes eco-responsible construction
and encourages circular economy and natural resource preservation.
With its unparalleled and constantly evolving technological
expertise, driven by high-performing teams, Hoffmann Green Cement
Technologies serves all markets in the construction sector, both in
France and internationally.
Hoffmann Green was selected among the 2022 promotion of the top
20 French green startups as part of the French Tech Green20
program, led by the French Tech Mission in partnership with the
Ministry of Ecological Transition. In June 2023, the company was
selected for French Tech 2030, a new ambitious support program
operated by the French Tech Mission alongside the General
Secretariat for Investment (SGPI) and Bpifrance.
The company continues its international development with
contract signings in the United Kingdom, Belgium, Switzerland,
Saudi Arabia and recently in the United States.
For further information, please go to :
www.ciments-hoffmann.fr/
ABOUT OLIVIER DUCIMETIERE-MONOD
Born in Paris, Olivier Ducimetière-Monod moved to Florida in
1988. In 1990, he became a shareholder and Chairman of Anchor
Realty & Mortgage Co, a company operating in the construction
and property development sector, which he successfully developed.
He also founded Anchor Vacation Properties, with a portfolio of
over 400 beach homes.
In 2001, he was awarded the designation of Commercial Real
Estate specialist (CCIM), which testifies to his experience, track
record and expertise in the field of construction and property
development.
An American citizen since the 1990s and with over 35 years'
experience in the construction and property development sector,
Olivier Ducimetière-Monod has developed a network firmly rooted in
the political, social and economic fabric of the United States.
ABOUT FRANCIS BEAUVALLET
Francis Beauvallet is a civil engineer. At the age of 22, he
took over the family business and refocused it on the restoration
of historic buildings. Under his management, the company grew
rapidly, taking part in prestigious projects such as the Hôtel Dieu
in Troyes. In 1997, he oversaw the restoration of Cayenne Cathedral
and the penal colony at Saint Laurent du Maroni, extending his work
to the whole of French Guiana.
After 32 years, he sold his group and bought a financial
engineering firm in Paris, travelling the world to work on major
accounts. Returning to Troyes, he started up in property
development and the restoration of historic houses.
In 2023, drawing on his American networks in construction and
finance, built up over the course of his career, and driven by his
passion for innovation in the construction sector, he joined forces
with Olivier Ducimetière-Monod to develop the Hoffmann Green
licence in the United States.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240709151032/en/
Hoffmann Green Jérôme Caron Chief Financial Officer
finances@ciments-hoffmann.fr 02 51 460 600
NewCap Investors Relations Thomas Grojean Alban Dufumier
ciments-hoffmann@newcap.eu 01 44 71 94 94
NewCap Financial Media Relations Nicolas Merigeau Antoine
Pacquier ciments-hoffmann@newcap.eu 01 44 71 94 98
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