Bridgestone Completes $3.4 Billion Sale of Firestone Building Products to LafargeHolcim
NASHVILLE, Tenn. — Bridgestone Americas Inc., a subsidiary of Bridgestone Corporation, has completed the sale of Firestone Building Products to Holcim Participations (US) Inc, a subsidiary of LafargeHolcim Ltd. The transaction, valued at $3.4 billion, will advance Bridgestone's efforts to deliver value to customers and society as a global leader providing tires and advanced mobility solutions.
"The completion of this sale is an important milestone on Bridgestone's journey to become a sustainable solutions company," said Paolo Ferrari, president, CEO and COO of Bridgestone Americas. "We are taking action to reshape our portfolio so that we can invest our resources to strengthen Bridgestone's growing core tire business and quickly expand our mobility solutions offering."