Switzerland's Holcim Ltd. has been busy in the North American roofing market. Already known as the world's biggest cement maker, the company purchased Firestone Building Products in 2021 for $3.4 billion and with it a stake in commercial plastic and rubber commercial roofs. Early this year, it doubled down with the $1.3 billion acquisition of Duro-Last Inc., a Saginaw, Mich.-based maker of vinyl roofs for commercial and industrial properties.
It hasn't slowed down much since then.
In August, it purchased FDT Flachdach Technologie GmbH, the former Cooper Standard Technical Rubber GmbH, which, despite the name, is a leading manufacturer of thermoplastic roofs in Europe. It also acquired a fiberglass mat facility in Maryland this year.
Andrew Schunk from our sister paper Rubber News sums up all of Holcim's growth during the past two years, including $12 million in improvements at its thermoplastic polyolefin plant in Muscle Shoals, Ala.
"By 2026, our ambition is for the Holcim Building Envelope roofing and insulation segments … to see net sales of $6 billion," the company said in an email interview with RN. "Holcim's ambition to become the global leader in advanced roofing systems means growing through organic and inorganic channels."