M&A Deal Summary

Tremco CPG Acquires HCJ

On December 27, 2024, Tremco CPG acquired building materials company HCJ from Down 2 Earth Capital

Acquisition Highlights
  • This is Tremco CPG’s 1st transaction in the Building Materials sector.
  • This is Tremco CPG’s 1st transaction in Belgium.

M&A Deal Summary

Date 2024-12-27
Target HCJ
Sector Building Materials
Buyer(s) Tremco CPG
Sellers(s) Down 2 Earth Capital
Deal Type Add-on Acquisition

Target

HCJ

Genk, Belgium
Hengelhoef Concrete Joints specializes in the production and development of expansion joints for industrial floors. HCJ is based in Genk, Belgium.

Search 214,503 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Tremco CPG

Beachwood, Ohio, United States

Category Company
Founded 1928
Sector Construction
DESCRIPTION

Tremco CPG is a construction material brand that now provides a complete structure and continuous building envelope from a single source. Tremco CPG was founded in 1928 and is based in Beachwood, Ohio.


DEAL STATS #
Overall 2 of 4
Sector: Building Materials M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 4
Country: Belgium M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-03 NOW Specialties

Carrollton, Texas, United States

NOW Specialties is a panel wall system fabricator specializing in Metal Composite Material (MCM) and Aluminum Composite Material (ACM) panels. NOW Specialties was founded in 1988 and is based in Carrollton, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-21 HercuWall

Tempe, Arizona, United States

HercuWall is an innovative panelized insulated wall system. HercuWall was founded in 2008 and is based in Tempe, Arizona.

Buy -

Seller(S) 1

DESCRIPTION

Down 2 Earth Capital is a private equity firm focused on investing in and acquiring profitable (€2 to €10 million of EBITDA) Belgium-based companies. D2E does not have any stated sector preferences and will consider a variety of transaction situations including family successions, buyouts/buy-ins, non-core divestitures, growth capital financings, and recapitalizations. Down 2 Earth Capital was established in 2013 and is headquartered in Antwerp, Belgium.


DEAL STATS #
Overall 11 of 11
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Belgium M&A 11 of 11
Year: 2024 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-01 Orbit

Rupelmonde, Belgium

Orbit is a developer and producer of state-of-the-art architectural lighting systems for the medium to high-end project lighting market (hotel, office, leisure, retail, and living spaces) and commercializes its lighting fixtures through an international dealer network of creative lighting specialists. Orbit is based in Rupelmonde, Belgium.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-07 De Roeve

Lokeren, Belgium

De Roeve is a specialist in industrial automation. De Roeve is a dynamic company with multiple complementary business units. These offer integrated solutions in the field of automation, digitalization and electrical engineering. De Roeve was founded in 1991 and is based in Lokeren, Belgium.

Buy -