Holcim acquires Quimexur, expanding roofing and waterproofing in Latin America

Holcim Group Services Ltd / Key word(s): Acquisition

Holcim acquires Quimexur, expanding into Latin America in the roofing and waterproofing business

03/29/2023 / 07:00 CET/CEST

• Leading manufacturer of liquid membranes for roofing and waterproofing applications in Argentina
• Accelerates Holcim’s growth in Solutions & Products to reach 30% of Group net sales by 2025

Holcim acquires Quimexur, a leading manufacturer of liquid membranes for roofing and waterproofing applications in Argentina. This follows the launch of the GacoFlex TechoProtec product line in Latin America following the acquisition of Firestone Building Products in 2021. TechoProtec, a premium waterproofing and thermal insulation roofing system, supports Holcim’s ambitions to become a leading supplier of roofing and waterproofing systems in Latin America.

Oliver Osswald, Region Head Latin America: “With Quimexur we are continuing our ambition to expand our position in the roofing and waterproofing sector throughout Latin America. I warmly welcome all 120 Quimexur employees to the Holcim family and look forward to investing together in the next growth era of this company.”

With this acquisition, Holcim advances its “Strategy 2025 – Accelerating Green Growth”, which aims to grow the Solutions & Products business to 30% of Group sales by 2025 and to penetrate the most attractive segments of the construction industry, from roofing systems to insulation and Renovation.

About Holcim
Holcim is a global leader in innovative and sustainable building solutions. Driven by its purpose to create progress for people and the planet, its 60,000 employees are committed to decarbonizing construction while improving living standards for all. The company empowers its customers in all regions to build better with less with its wide range of low-carbon and circular solutions, from ECOPact to ECOPlanet. With its innovative systems, from Elevate roofing to PRB insulation, Holcim makes buildings more sustainable in use, promoting energy efficiency and environmentally friendly retrofitting. With sustainability at the heart of its strategy, Holcim will become a net zero company with 1.5°C targets validated by the Science Based Targets Initiative (SBTi).

Find out more about Holcim at www.holcim.com and follow us on LinkedIn.

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Important Disclaimer – Forward-Looking Statements:
This document contains forward-looking statements. Such forward-looking statements are not predictions of results or other performance indicators, but rather trends or goals, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are reasonable as of the date of this document, investors are cautioned that these statements are not guarantees of future performance. Actual results could differ materially from the forward-looking statements due to a number of risks and uncertainties, many of which are difficult to predict and generally beyond Holcim’s control, including but not limited to those risks described in Holcim’s Annual Report available on the website (www.holcim.com) and uncertainties related to market conditions and the execution of our plans. Accordingly, we caution you not to place undue reliance on forward-looking statements. Holcim undertakes no obligation to update these forward-looking statements.

End of media release