SOURCE: LafargeHolcim | April 3, 2021
LafargeHolcim has confirmed its Holcim Participations (US) subsidiary has completed the acquisition of Firestone Building Products, following all regulatory approvals.
All 1,900 employees at Bridgestone will be joining LafargeHolcim.
LafargeHolcim CEO Jan Jenisch says: “I warmly welcome the Firestone Building Products team into the LafargeHolcim family. Together, we will lead this iconic company’s next era of growth to become the global leader in flat roofing systems.”
“I am excited about the strong growth prospects, accelerated by the many opportunities from president Biden’s ‘Build Back Better’ plan. With its leading roofing systems, Firestone Building Products makes us a partner of choice from rooftop to foundation,” Jenisch adds.
Firestone president Taylor Cole says: “Together, we are in a prime position to accelerate our growth by combining Firestone Building Products’ advanced technologies and know-how with LafargeHolcim’s global scale and reach.”
Firestone has 15 manufacturing facilities, 1,800 distribution points and three R&D laboratories. The company will remain headquartered in Nashville, Tennessee.
In January, LafargeHolcim confirmed plans to acquire Firestone as part of a £3.4 billion deal.
To comment on this story or for additional details click on related button above.