| Heidelberg Materials Vulkan AD | - | - | - | |
| Górażdże Cement SA | - | - | - | |
| Zuari Cement | 100.00 | - | - | |
| Heidelberg Materials Hellas | - | - | - | |
| Cimbenin | 87.95 | - | - | |
| Heidelberg Materials Benelux | 100.00 | - | - | |
| MENAF | 100.00 | - | - | |
| Liberia Cement | 81.67 | - | - | |
| Scancem International DA | 100.00 | - | - | |
| HeidelbergCement Rus | - | - | - | |
| Heidelberg Materials US | 100.00 | - | - | |
| ShymkentCement LLP | 100.00 | - | - | |
| Interlacs | 85.00 | - | - | |
| Heidelberg Materials Cement BiH d.d. Kakanj | - | - | - | |
| Duna Drava Cement | 50.00 | - | - | |
| Heidelberg Materials Romania | 100.00 | - | - | |
| Suez Cement Company | 69.29 | - | - | |
| Ciments du Maroc | 51.00 | - | - | |
| Cementi della Lucania | 30.00 | - | - | |
| Heidelberg Materials Italia Cementi | 100.00 | - | - | |
| Ghacem | 93.10 | - | - | |
| Ciment du Togo | 99.63 | - | - | |
| Akçansa Çimento Sanayi ve Ticaret | 39.72 | - | - | |
| Ciments Calcia | 100.00 | - | - | |
| Heidelberg Materials Uk Holding | - | - | - | |
| Butra HeidelbergCement | 70.00 | - | - | |
| PT Indocement Tunggal Prakarsa | 54.72 | - | - | |
| Vassiliko Cement Works | 25.98 | - | - | |
| Heidelberg Materials CZ | - | - | - | |
| CESLA | 99.98 | - | - | |
| Bukhatarma Cement Company | 100.00 | - | - | |
| Heidelberg Materials UK | - | - | - | |
| Heidelberg Materials Cement Sweden | - | - | - | |
| Texas Lehigh Cement Company | 50.00 | - | - | |
| CaspiCement | 100.00 | - | - | |
| Heidelberg Materials Devnya AD | - | - | - | |
| CimBurkina | 80.00 | - | - | |
| Italsacci | 100.00 | - | - | |
| Cemza | - | - | - | |
| Heidelberg Materials Sement Norge | 100.00 | - | - | |
| Zement- und Kalkwerke Otterbein GmbH & Co KG | 38.10 | - | - | |
| Cimenterie De Lukala | 91.02 | - | - | |
| Austral Cimentos Sofala | 100.00 | - | - | |