LafargeHolcim to acquire Firestone Building Products for $3.4 billion

LafargeHolcim has signed an agreement to acquire Firestone Building Products (FSBP) from Bridgestone Americas for $3.4 billion. FSBP is a leader in commercial roofing and building envelope solutions with 2020 estimated net sales of $1.8 billion. The transaction is expected to close in the second quarter of 2021.

“I am excited to be entering the highly attractive roofing business.”everchem.com

• 5 sources
• everchem.comBridgestone Sale of Firestone Building Products to Close at the End of March - Everchem Specialty ChemicalsMar 11, 2021
• roofingcontractor.comBridgestone Completes $3.4 Billion Sale of Firestone Building Products to LafargeHolcim | 2021-04-01 | Roofing ContractorBy: Art Aisner, Tanja KernApr 1, 2021
• worldcement.comLafargeHolcim successfully closes Firestone Building Products acquisition | World CementEmily ThomasApr 1, 2021
• globalcement.comHolcim Participations concludes Firestone Building Products acquisition - Cement Sector News - Global CementGlobal Cement staffApr 1, 2021
• prnewswire.com

Summarized from public sources; check the original articles before acting on it.