Announced

Holcim to acquire Duro-Last for $1.29bn.

Synopsis

Holcim, a manufacturer of building materials, agreed to acquire Duro-Last, a roofing systems provider, for $1.29bn. “I’m excited to welcome Duro-Last into Holcim’s broad range of innovative and sustainable building solutions. Duro-Last is a perfect strategic fit for our roofing business. Its proprietary technologies and leading brands complement our offering in the fast-growing North American market. Its energy-efficient systems and excellence in recycling will further advance our leadership in sustainability. I congratulate the Burt family and its leadership team for developing such a thriving business, based on its strong customer relationships and most of all its empowered and dedicated people. I am excited to further strengthen the Duro-Last brand and welcome all 840 employees to the Holcim family," Jan Jenisch, Holcim CEO.

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