Holcim completed the acquisition of the Polymers Sealants North America division of Illinois Tool Works.

Holcim, a building materials manufacturer, completed the acquisition of the Polymers Sealants North America division of Illinois Tool Works, a producer of engineered fasteners and components, equipment and consumable systems, and specialty products. Financial terms were not disclosed. “With PSNA we are broadening our waterproofing and coatings offering while delivering significant synergies with our roofing business. Building on their proven engineering and technical expertise, we will accelerate new product development and leading solutions together. I warmly welcome all PSNA employees into the Holcim family and look forward to investing in this business’ next era of growth together. By expanding our building envelope offering, together we can play a bigger role in providing innovative and sustainable solutions for energy-efficient buildings," Jamie Gentoso, Holcim Head Solutions & Products.