LafargeHolcim completes two further bolt-on acquisitions

8161 LafargeHolcim has acquired Transit Mix Concrete Co., a leading supplier of building materials in Colorado and subsidiary of 6893 Continental Materials Corporation. The acquisition will strengthen the French-Swiss global building materials giant’s position in a dynamic and growing building materials market of the United States. As part of the transaction, LafargeHolcim takes ownership of Transit’s seven ready-mixed concrete plants and a sand quarry. Transit Mix has more than 180 employees.

In January 2019, LafargeHolcim acquired the precast and ready-mixed concrete businesses of Alfons Greten Betonwerk in Northern Germany. Greten operates one precast and one ready-mixed concrete plant in the state of Lower Saxony. The acquisition is highly complementary to LafargeHolcim’s existing portfolio and will strengthen its existing Solutions and Products segment in the region. Greten employs around 100 people.

Jan Jenisch, CEO of LafargeHolcim, said: “In line with our Strategy 2022 – ‘Building for Growth’, these acquisitions will generate synergies with LafargeHolcim’s existing operations. With these further bolt-on acquisitions we are delivering on our commitment to accelerate growth in the Ready-Mix Concrete and Aggregates segments. I am pleased to welcome all new employees to LafargeHolcim.”