Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now
Hoffmann Green Signs a Co-Promotion Partnership with Groupe Piscines Magiline, a Leading Player in the Swimming Pool Market

In This Article:

CHAILLÉ-SOUS-LES-ORMEAUX, France, September 26, 2024--(BUSINESS WIRE)--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 partnership until the end of 2026 with Groupe Piscines Magiline, designer and manufacturer of swimming pools.

Piscines Magiline, a leading player in the pool construction industry, is established in France and in 26 countries through nearly 160 distributors. Based in Troyes with a 10,000 sq.m. industrial site, the company is renowned for its patented, eco-friendly solutions. Piscines Magiline stands out with a strong promise to its customers: a smart, sustainable, low-consumption swimming pool. As a member of the Coq Vert community, a collective dedicated to ecological transition, the company has been actively committed to this cause for several years.

This partnership, running until 2026, aims to co-promote Hoffmann Green's 0% clinker cements throughout Piscines Magiline's extensive international network of distributors, partners and pool formwork builders. The collaboration supports the construction of eco-friendly pools, and is fully in line with the Group's CSR approach, which has been in its DNA since its creation. With the launch of an ambitious plan in 2021, the Group aims to integrate sustainability across its entire value chain, from eco-design to pool construction.

Continuing the expansion of Hoffmann Green's activities in various sectors, including renewable energies and outdoor fitting, this new partnership contract enables the company to further diversify its activities and actively contribute to the decarbonization of the swimming pool construction industry.

Julien Blanchard and David Hoffmann, co-founders of Hoffmann Green Cement Technologies, said: "The signing of this partnership with Groupe Piscines Magiline reflects our ongoing strategy to diversify our activities against the current trend of a depressed new housing market. We are honored to support a key player in the pool construction industry as they implement their development strategy towards carbon neutrality."

Hervé Ricard, Président Directeur Général du groupe Piscine MAGILINE, added: « Piscines Magiline places CSR at the core of its corporate project, focusing on technologies that drive sustainability and reduce resource consumption. The use of low-carbon concrete, manufactured using Hoffmann Green cement, is fully in line with this approach. By adopting Hoffmann Green's solutions, we can significantly lower the carbon footprint of our structures while preserving their high quality. Our ambition is to expand our network of distributors across France to offer these eco-friendly solutions. »