PARIS: LafargeHolcim announced that its Holcim Participations (US) Inc. subsidiary has successfully completed the acquisition of Firestone Building Products, following all regulatory approvals. The transaction closed earlier than expected due to smooth collaboration with Bridgestone and all 1,900 employees will be joining LafargeHolcim. Jan Jenisch, LafargeHolcim CEO: “I warmly welcome the Firestone Building Products team…
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LafargeHolcim to acquire Firestone Building Products from Bridgestone Americas
PARIS: LafargeHolcim (Paris:LHN) has signed an agreement to acquire Firestone Building Products (FSBP), a leader in commercial roofing and building envelope solutions based in the United States (US), with 2020 (est.) net sales of USD 1.8 billion and EBITDA of USD 270 million. This acquisition is a milestone in LafargeHolcim’s transformation to become the global…