immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Dachsysteme

  • Holcim acquires German company Cooper Standard

    Holcim acquires German company Cooper Standard

    Holcim has completed the acquisition of Cooper Standard Technical Rubber GmbH in Mannheim, Germany, according to its media release. Its highly durable technical rubber products are used for roofing systems. The company reportedly has an innovative research and development department, a state-of-the-art production facility and an experienced team of 130 employees.

    This acquisition is expected to drive further growth of Holcim’s roofing business across Europe. “By expanding our range of roofing systems, we can play a greater role in providing innovative and sustainable solutions for energy-efficient buildings and contribute to the European Union’s Green Deal,” Jamie Gentoso, Global Head, Solutions & Products, is quoted as saying.

    Holcim sees the German firm’s “innovation-driven approach” as an “excellent complement” to its existing umbrella business. With its strategic location in the Rhine-Neckar region, it complements other recent roofing and insulation acquisitions, he said.

    The business will be expanded under the new name Holcim Technical Solutions & Products GmbH. As part of its “Strategy 2025 – Accelerating Green Growth”, Holcim aims to expand the Solutions & Products business to 30 percent of Group net sales by 2025 “and move into the most attractive segments of construction – from roofing systems to insulation and renovation”.

  • LafargeHolcim reports record high quarterly results

    LafargeHolcim reports record high quarterly results

    According to a release from LafargeHolcim , the globally active Zug-based building materials group generated net sales of CHF 5.36 billion in the first quarter of 2021. In a year-on-year comparison and adjusted for portfolio changes, this corresponds to growth of 7.4 percent. The recurring operating result at EBIT level rose in the same period on a comparable basis by 130.7 percent to 528 million Swiss francs.

    "I am pleased to announce that we made an excellent start to the year with a record high Q1 result," said Group CEO Jan Jenisch in the announcement. "We are thus continuing our strong growth trajectory of the last few quarters."

    Jenisch expects to be able to strengthen the growth dynamic with the acquisition of Firestone Building Products , which was completed in the reporting quarter. The American company, which specializes in building envelopes and roof systems and is based in Nashville, Tennessee, had annual sales of $ 1.8 billion in 2020. The successful integration of the new acquisition should enable LafargeHolcim to achieve its targets for 2022 in the current financial year. Specifically, on a comparable basis, the Group is aiming for a growth in net sales of 3 to 5 percent and an increase in recurring EBIT of at least 10 percent.

    LafargeHolcim can also point to success in the area of sustainability. The group was named the most sustainable company in the construction industry by Vigeo-Eiris, according to the announcement. The rating agency for the environment, social affairs and governance has given LafargeHolcim the top grade A1 +. In addition, ten environmentally friendly products from the group, including the sustainable concrete from the ECOPact series, were recognized by the Solar Impulse Foundation . hs