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 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. […]
Holcim Group, a Swiss building material company, has agreed to sell its Brazilian business to Companhia Siderúrgica Nacional (CSN) for $1.025 billion. The sale includes Holcim’s five integrated cement plants along with four grinding stations, 19 ready-mix concrete facilities, and six aggregates sites. The buyer — Companhia Siderúrgica Nacional is a fully integrated steel producer […]