M&A Deal Summary

Holcim Acquires Firestone Building Products Company

On January 7, 2021, Holcim acquired building materials company Firestone Building Products Company from Bridgestone Americas for 3.4B USD

Acquisition Highlights
  • This is Holcim’s 9th transaction in the Building Materials sector.
  • This is Holcim’s largest (disclosed) transaction.
  • This is Holcim’s 4th transaction in the United States.
  • This is Holcim’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2021-01-07
Target Firestone Building Products Company
Sector Building Materials
Buyer(s) Holcim
Sellers(s) Bridgestone Americas
Deal Type Divestiture
Deal Value 3.4B USD

Target

Firestone Building Products Company

Nashville, Tennessee, United States
website
Firestone Building Products Company LLC is a manufacturer and supplier of a comprehensive “Roots to Rooftops” product portfolio for commercial building performance solutions. Firestone Building Products was founded in 1980 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Holcim

Zug, Switzerland

website

Category Company
Founded 1833
Sector Building Materials
Employees67,409
Revenue 23.1B CHF (2020)
DESCRIPTION

Holcim is a manufacturer and distributor of cement, aggregates and concrete. The companies products include Ductal®, Easycrete, Chronolia®, Speedcrete, FastTrack, Activia®, Articimo, Thermicimo, etc. Holcim was founded in 1833 and is based in Zug, Switzerland.

DEAL STATS #
Overall 9 of 16
Sector (Building Materials) 9 of 16
Type (Divestiture) 3 of 4
State (Tennessee) 1 of 1
Country (United States) 4 of 8
Year (2021) 1 of 4
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-15 Somaco S.A. DE C.V

Bucuresti, Romania

Somaco S.A. DE C.V is a precast concrete manufacturer. Somaco is based in Bucuresti, Romania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 Edile Commerciale

Varese, Italy

Edile Commerciale is a concrete supplier and represents the parent company of several companies that have set up a ready-mix concrete production network. Edile Commerciale was founded in 1996 and is based in Varese, Italy.

Buy -

Seller(S) 1

SELLER

Bridgestone Americas

Nashville, Tennessee, United States

website

Category Company
Founded 1990
Sector Automotive
DESCRIPTION

Bridgestone Americas engages in tire manufacturing and wholesale and original equipment sales operations across a broad line of products, including consumer, commercial truck and bus, agricultural, and off road tires.

DEAL STATS #
Overall 4 of 4
Sector (Building Materials) 1 of 1
Type (Divestiture) 4 of 4
State (Tennessee) 2 of 2
Country (United States) 3 of 3
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-28 Truck PM Plus

Longwood, Florida, United States

Truck PM Plus is a premier truck and trailer maintenance provider offering mobile services, shop services, and dedicated on-site services. Truck PM Plus has the experience and expertise to maintain and repair all makes of diesel trucks, tractors and trailers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 Azuga

San Jose, California, United States

Azuga is a provider of connected vehicle, fleet and telematics software, and solutions for commercial fleets, government agencies, insurance companies, and automotive industry. Azuga was founded in 2012 and is based in San Jose, California.

Buy $391M
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