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M&A Deal Summary

Holcim Acquires Utelite

On September 27, 2021, Holcim acquired building materials company Utelite

Acquisition Highlights
  • This is Holcim’s 12th transaction in the Building Materials sector.
  • This is Holcim’s 5th transaction in the United States.
  • This is Holcim’s 1st transaction in Utah.

M&A Deal Summary
Date 2021-09-27
Target Utelite
Sector Building Materials
Buyer(s) Holcim
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Holcim

Zug, Switzerland
Category Company
Founded 1833
Sector Building Materials
Employees63,448
Revenue 26.4B CHF (2024)
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 12 of 19
Sector: Building Materials M&A 12 of 19
Type: Add-on Acquisition M&A Deals 8 of 14
State: Utah M&A 1 of 1
Country: United States M&A 5 of 8
Year: 2021 M&A 4 of 4
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-23 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.

Buy -
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