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LafargeHolcim to buy Firestone Building Products in $3.4 billion deal

LafargeHolcim, the world's biggest cement maker, on Thursday announced a $3.4 billion deal to buy Firestone Building Products from Japan's Bridgestone Corporation in its biggest acquisition in more than a decade. ....

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LafargeHolcim expects to fund half of Firestone acquisition from own cash

LafargeHolcim will be able to fund half of the $3.4 billion price for Firestone Building Products from its existing cash position, Chief Executive Jan Jenisch said on Thursday. ....

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LafargeHolcim to Acquire Firestone Building Products from Bridgestone Americas

LafargeHolcim to Acquire Firestone Building Products from Bridgestone Americas
Acquiring industry leader in commercial roofing and building envelope solutions to position it for continued growth
A milestone in the transformation of LafargeHolcim to become the global leader in innovative and sustainable building materials and solutions
Strengthening LafargeHolcim s biggest market, the US, with annual sales to exceed USD 6bn
Plans to expand in Europe and Latin America to become the global leader in flat roofing systems
Sale to enable Bridgestone to strengthen investments in company s tire business and fast-growing mobility solutions business
Regulatory News:
LafargeHolcim (Paris:LHN) has signed an agreement to acquire Firestone Building Products (FSBP), a leader in commercial roofing and building envelope solutions based in the United States (US), with 2020 (est.) net sales of USD 1.8 billion and EBITDA of USD 270 million. This acquisition is a mileston ....

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