LafargeHolcim to Acquire Firestone Building Products in $3.4 Billion Deal
NASHVILLE, Tenn. — Multinational building materials manufacturer LafargeHolcim has signed an agreement to acquire Firestone Building Products for $3.4 billion.
Firestone Building Products, which manufactures commercial roofing products, brought in roughly $1.8 billion in sales in 2020. With this acquisition LafargeHolcim will add 15 manufacturing facilities, 1,800 distribution points, and three R&D laboratories to its network. Upon completion of the sale, Firestone Building Products will continue to be headquartered in Nashville, Tenn., and all 1,900 employees will transition to LafargeHolcim.