immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Nordamerika

  • Acquisition in North America strengthens portfolio for precast concrete parts

    Acquisition in North America strengthens portfolio for precast concrete parts

    Holcim has acquired the Canadian Langley Concrete Group Inc. Jaime Hill, Head of the North America region at Holcim, described this strategic step in a company statement as “a natural extension of our growth strategy”. This combines the technical expertise of the Langley Concrete Group in precast concrete parts with Holcim’s own activities. The enlarged portfolio also increases Holcim’s reach.

    The acquisition reportedly includes two state-of-the-art production facilities in the province of British Columbia, located in the cities of Chilliwack and Duncan. From there, the region will be supplied with dry and wet mix concrete products for above and below ground infrastructure applications, including manholes, pipes, boxes and other components for municipal, commercial and industrial applications.

    Langley Concrete President Mark Omelaniec says he is proud of what his family has built over 75 years. The family is “confident that Holcim is the right partner to take it forward as the growth opportunities in British Columbia continue. This transition offers long-term opportunities for our team and our customers.”

  • Acquisition of American provider for building finishing

    Acquisition of American provider for building finishing

    Sika is continuing its expansion plans in the USA and has acquired HPS North America, Inc. from Florence in the US state of Alabama. According to a press release, the supplier of products including self-levelling and waterproofing solutions has successfully developed in the American market.

    The products are reportedly sold through an established distribution network and are designed for use on floors. These include products of the Schönox brand, which Sika Germany manufactures. Sika had already held a minority stake in HPS North America.

    The takeover provides the Baar-based company, which specialises in speciality chemicals, with a “strong platform for further expansion in the growing Building Finishing segment” and expects significant efficiency gains.

    “With the integration of the HPS business into our US organisation, we will be able to drive forward the expansion of our business relationships and distribution networks in the building finishing market at full speed,” said Mike Campion, Regional Head Americas at Sika, in the press release.

  • Building materials supplier plans IPO in the USA

    Building materials supplier plans IPO in the USA

    Building materials producer Holcim, headquartered in Zug, will fully spin off its branch in the United States and list on the New York Stock Exchange as Holcim United States, according to a press release. Holcim in the USA is headquartered in Chicago, but also has a presence in 350 locations in 43 states and employs 7,000 people in the USA.

    According to the press release, Holcim is making progress with the planned complete spin-off of its North American business. The North American business is to be listed on the New York Stock Exchange as a “domestic issuer” in accordance with SEC regulations, report under US rules and seek inclusion in relevant US stock indices. An additional listing on the SIX Swiss Exchange is planned in order to meet the needs of European investors.

    The planned spin-off is subject to shareholder approval at Holcim’s Annual General Meeting on 14 May 2025, with a positive resolution expected to be implemented by the end of the first half of 2025, according to Holcim.

    Holcim is a global provider of construction solutions with sales of CHF 27 billion in 2023 and around 63,000 employees. The company says it offers a wide range of advanced solutions, from the sustainable building materials ECOPact and ECOPlanet to the recycling technology ECOCycle and modern roofing and insulation systems from its subsidiary Elevate in Zaventem, Belgium.

  • Holcim acquires ready-mixed concrete manufacturer in the USA

    Holcim acquires ready-mixed concrete manufacturer in the USA

    The Zug-based building materials company Holcim has bought the Cajun Ready Mix Concrete company in the US state of Louisiana. According to a press release , Holcim intends to expand its ready-mixed concrete division by taking over the associated eight plants for ready-mixed concrete, 108 employees and 51 mixing vehicles.

    Accordingly, the manufacturer of ready-mixed concrete is the largest company in its sector in the greater Baton Rouge area. “With this acquisition, we are expanding our presence in the dynamic Baton Rouge market and reaffirming our focus on growth in North America,” Toufic Tabbara, head of Holcim’s North America region, said in the press release. Cajun’s industry connections and technical skills make him an ideal fit for Holcim’s business.

    Holcim does not disclose anything about the purchase price in its press release. Founded in 2014, Cajun provides concrete and customer service for residential, commercial and industrial partners.

  • Zehnder Group takes over Canadian ventilation company

    Zehnder Group takes over Canadian ventilation company

    The Zehnder Group will complete the acquisition of the Canadian company Airia Brands Inc. in the next few days. The Aargau expert for ventilation and radiators has now announced this. Nothing was known about the purchase price. Airia designs, manufactures and sells heat recovery ventilation. Their products are sold under the Lifebreath brand in the north of the Americas.

    The company reportedly employs around 150 people. In 2021 it achieved sales of around 38 million euros. The Airia headquarters in London in the province of Ontario will be retained and the workforce including the operational management team will be taken over.

    “The Zehnder Group and Airia – that’s a perfect match for us,” said the CEO of the Zehnder Group, Matthias Huenerwadel. “The Lifebreath brand stands for healthy, energy-efficient and environmentally friendly indoor climate solutions, just like the Zehnder brand. With the acquisition of Airia, we are significantly expanding our market position in North America, and we intend to continue to grow in the future”, in line with the company motto “Growth for ventilation – harvest for radiators”.

    The acquisition of Airia will significantly increase ventilation sales as a percentage of total sales in North America. The Zehnder Group operates in North America from its office in Buffalo, New York. The company develops and manufactures its products in 18 of its own plants worldwide. Of these, three are in North America and another three in China.