Swiss-French building material company Holcim will acquire FDT Flachdach Technologie (FDT), a Germany-based thermoplastic roofs manufacturer, for an undisclosed amount. The acquisition is expected to complement Holcim’s integrated roofing portfolio and expand its geographical footprint of the business. Holcim’s roofing systems business is anticipated to surpass $4 billion in annual sales earlier than planned through […]
Switzerland-based cement maker Holcim will acquire Duro-Last, a Saginaw, Michigan-based roofing systems company, in a transaction valued at $1.29 billion, to expand its footprint in North America. The transaction is part of Holcim’s “Strategy 2025 – Accelerating Green Growth” to increase its Solutions & Products business to 30% of Group annual sales by 2025. Duro-Last […]
The Adani Family has completed the previously announced acquisitions of Ambuja Cements and ACC Ltd. for a total price of $6.5 billion to become the second largest cement company in India. The transaction, which is said to be the largest acquisition in India’s Infrastructure and Materials space, was carried out by the Adani Family, through […]
The Adani Family has signed a deal worth $10.5 billion with Swiss building materials company Holcim to acquire the latter’s entire stake in Ambuja Cements and ACC Ltd. Through its subsidiaries, Holcim has a 63.19% stake in Ambuja Cements and a stake of 54.53% in ACC Ltd., of which 50.05% is held via Ambuja Cements. […]