LafargeHolcim to acquire Firestone Building Products from Bridgestone for $3.4bn.

LafargeHolcim, a provider of building solutions, agreed to acquire Firestone Building Products, a provider of commercial roofing and building envelope solutions, from Bridgestone, a provider of sustainable mobility and advanced solutions, for $3.4bn. “I am excited to be entering the highly attractive roofing business. With Firestone Building Products we are strengthening our biggest market, the US, while also building a global growth and innovation platform for the company. Today’s milestone is a strategic leap on our journey to become the global leader in innovative and sustainable building solutions, to build a world that works for people and the planet. I have great respect for the high-caliber leadership and expertise of the Firestone Building Products’ team and look forward to welcoming them into the LafargeHolcim family,” Jan Jenisch, LafargeHolcim CEO.