M&A Deal Summary

Holcim Acquires Cajun Ready Mix Concrete

On May 23, 2022, Holcim acquired building materials company Cajun Ready Mix Concrete

Acquisition Highlights
  • This is Holcim’s 13th transaction in the Building Materials sector.
  • This is Holcim’s 6th transaction in the United States.
  • This is Holcim’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2022-05-23
Target Cajun Ready Mix Concrete
Sector Building Materials
Buyer(s) Holcim
Deal Type Add-on Acquisition

Target

Cajun Ready Mix Concrete

Baton Rouge, Louisiana, United States
Cajun Ready Mix Concrete is an operator of a ready-mix concrete company that provides top-of-the-line concrete and customer service to residential, commercial, and industrial partners. Cajun Ready Mix Concrete was founded in 2014 and is based in Baton Rouge, Louisiana.

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Buyer(S) 1

Buyer

Holcim

Zug, Switzerland
Category Company
Founded 1833
Sector Building Materials
Employees63,448
Revenue 27.0B CHF (2023)
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 13 of 16
Sector (Building Materials) 13 of 16
Type (Add-on Acquisition) 9 of 11
State (Louisiana) 1 of 1
Country (United States) 6 of 8
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-27 Utelite

Coalville, Utah, United States

Utelite is a supplier of Lightweight, High Strength, Ceramic Aggregate for a number of applications. Some of these applications include Structural Lightweight Concrete in Precast/Pre-stressed Concrete, Cast-in-Place Concrete, Concrete on Metal Decks, Post-Tensioned Concrete, Lightweight Masonry Block, Decorative Stone Veneer, Concrete Roof Tile, Geotechnical Fill, Chip Seal, De-Slicking Grit, Horticulture (Soil Conditioning, Planting Medium), Water Filtration and other specialty uses. Utelite was founded in 1962 and is based in Coalville, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-22 SES Foam

Spring, Texas, United States

SES Foam is a manufacturer and marketer of high-quality polyurethane spray foam insulation. SES proprietary open and closed cell wall foam products are currently used by a select number of authorized insulation contractors in various regions of the U.S. The company also produces and markets roofing foam. SES Foam was formed in 2010 and is headquartered in Spring, Texas.

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