Holcim buys in Mexico

Holcim acquires the Mexican company PASA, a leading manufacturer of roofing and waterproofing solutions in Mexico and Central America. By integrating them into its own supply chain, Holcim aims to further penetrate attractive segments of the construction industry.

Building materials manufacturer Holcim is acquiring PASA, a company based near Mexico City. According to a media release, it specialises in roofing and is a leader in Central America and Mexico. It has sales of 38 million dollars. All 250 PASA employees will be taken over.

According to the statement, PASA’s distribution network will be integrated with the sealing solutions from its product range called GacoFlex. This will improve Holcim’s supply chain, it said.

“Through the acquisition of PASA, we are further expanding our Solutions & Products business and becoming a leading provider of roof waterproofing systems in Latin America,” Holcim’s head of Latin America, Oliver Osswald, was quoted as saying. “This will allow us to offer greater value to our clientele in terms of innovation, performance and sustainability.”

With this acquisition, Holcim is advancing its “Strategy 2025 – Accelerating Green Growth”. In this strategy, Holcim sets the goal of expanding its Solutions & Products business to 30 percent of Group net sales by 2025. In addition, the company wants to “penetrate the most attractive segments of construction, from roofing systems to insulation and renovation”.