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Bridgestone Completes Sale of Firestone Building Products to LafargeHolcim


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Bridgestone Completes Sale of Firestone Building Products to LafargeHolcim
April 1, 2021 GMT
NASHVILLE, Tenn., April 1, 2021 /PRNewswire/ Bridgestone Americas, Inc., a subsidiary of Bridgestone Corporation, has completed the sale of Firestone Building Products to Holcim Participations (US) Inc, a subsidiary of LafargeHolcim Ltd. (LafargeHolcim). The transaction, valued at USD $3.4 billion, will advance Bridgestone’s efforts to deliver value to customers and society as a global leader providing tires and advanced mobility solutions.
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“The completion of this sale is an important milestone on Bridgestone’s journey to become a sustainable solutions company,” said Paolo Ferrari, president, CEO & COO of Bridgestone Americas. “We are taking action to reshape our portfolio so that we can invest our resources to strengthen Bridgestone’s growing core tir ....

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