Holcim has closed the acquisition of Duro-Last, a U.S. leader in commercial roofing with a record of double-digit growth and pro forma net sales of US $540 million, which was announced in February.
The North American roofing market is valued at US $40 billion, with the acquisition expected to generate synergies of US $60 annually for Holcim’s integrated roofing offering and propel yearly sales to in excess of US $4 billion ahead of schedule.
Jan Jenisch, CEO, says: “I am excited to welcome all 840 Duro-Last employees to the Holcim family.
DuroLast is a perfect strategic fit for our roofing business.
This is another exciting step in the expansion of the solutions and products we offer
Its proprietary technologies and leading brands complement our offering in the fast-growing North American market.
"The company's energy-efficient systems and excellence in recycling will further advance our leadership in sustainability.
