Holcim Completes Duro-Last Acquisition

MONDAY, APRIL 10, 2023


Building materials and solutions provider Holcim recently announced that it has completed the acquisition of commercial roofing systems manufacturer Duro-Last, with pro forma net sales of $540 million.

Holcim announced that it had signed an agreement to acquire Duro-Last in February this year. Duro-Last’s systems will reportedly complement and strengthen Holcim’s integrated roofing offerings, with expected synergies of $60 million per year. With the acquisition, Holcim roofing systems is anticipated to exceed $4 billion in net sales ahead of schedule.

According to the release at the time, Duro-Last is the first company in the United States to offer third-party verified environmental product declarations for its thermoplastic roofing solutions. This includes cool roof systems, insulation boards to enhance energy efficiency and its award-winning “Recycle Your Roof” program.

Additionally, these credentials mean that the systems are in line with the most advanced green building certifications, such as LEED.

“I am excited to welcome all 840 Duro-Last employees to the Holcim family. DuroLast 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,” said Jan Jenisch, CEO, in the latest announcement.

“Its energy-efficient systems and excellence in recycling will further advance our leadership in sustainability.”

The company reports that this acquisition advances Holcim’s “Strategy 2025 – Accelerating Green Growth” with the goal to expand its Solutions and Products business to 30% of Group net sales by 2025, entering construction segments such roofing and insulation to repair and refurbishment.

   

Tagged categories: Acquisitions; Asia Pacific; Business management; Business matters; Business operations; Cool roof coatings; Duro-Last; EMEA (Europe, Middle East and Africa); Good Technical Practice; Holcim; Latin America; North America; Program/Project Management; Roof coatings; Roof insulation; Roofing materials; Z-Continents

Join the Conversation:

Sign in to our community to add your comments.