Holcim to Acquire Malarkey Roofing Products for $1.35 Billion
Holcim has signed an agreement to acquire Malarkey Roofing Products for $1.35 billion, to be financed with 100% cash. The transaction is expected to close in the first quarter of 2022.
Malarkey Roofing Products has a track record of double-digit growth in the highly profitable $19 billion U.S. residential roofing market. In a release, Holcim said Malarkey is fully complementary to Firestone Building Products’ leadership in the commercial segment, positioning Holcim as a full roofing provider. Holcim acquired Firestone Building Products in April 2021.