The Swiss cement maker said the transaction is valued at $1.29 billion and that, as a result, Holcim roofing systems will exceed $4 billion in net sales ahead of schedule.
(Reporting by Noele Illien; Editing by Christopher Cushing)
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11:07am | Holcim positive on U.S. demand after Q1 profit beat | RE |
ZURICH (Reuters) - Holcim AG on Tuesday said it has agreed to acquire U.S. roofing systems manufacturer Duro-Last.
The Swiss cement maker said the transaction is valued at $1.29 billion and that, as a result, Holcim roofing systems will exceed $4 billion in net sales ahead of schedule.
(Reporting by Noele Illien; Editing by Christopher Cushing)
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