Norcem grew into a conglomerate of companies, especially in the building material sector, but also in the booming offshore sector. In 1987 Norcem merged with Aker mekaniske Verksted and created Aker Norcem, though it changed its name to Aker in 1988. The cement division of Aker merged with Euroc owned by Skanska of Sweden to form Scancem in 1995. In 1999 Scancem was sold to the German HeidelbergCement.
Today, Norcem operates two cement plants, and 35 cement terminals along the Norwegian coast. The plant in Kjøpsvik is the northernmost cement plant in the world.