Holcim acquires ready-mixed concrete manufacturer in the USA
The building materials group Holcim has taken over the American company Cajun Ready Mix Concrete. Holcim is thus expanding its ready-mixed concrete business and focusing on growth in the North American market.
The Zug-based building materials company Holcim has bought the Cajun Ready Mix Concrete company in the US state of Louisiana. According to a press release , Holcim intends to expand its ready-mixed concrete division by taking over the associated eight plants for ready-mixed concrete, 108 employees and 51 mixing vehicles.
Accordingly, the manufacturer of ready-mixed concrete is the largest company in its sector in the greater Baton Rouge area. “With this acquisition, we are expanding our presence in the dynamic Baton Rouge market and reaffirming our focus on growth in North America,” Toufic Tabbara, head of Holcim’s North America region, said in the press release. Cajun’s industry connections and technical skills make him an ideal fit for Holcim’s business.
Holcim does not disclose anything about the purchase price in its press release. Founded in 2014, Cajun provides concrete and customer service for residential, commercial and industrial partners.