Holcim buys American company
Zug-based cement giant Holcim takes over Marshall Concrete Products from the US state of Minnesota. He wants to further strengthen his position on the American market.
Holcim is buying the American company Marshall Concrete Products , according to a media release . This specializes in concrete products for residential buildings and small businesses. It was founded in 1936 and is based in the metropolitan area of Minneapolis-Saint Paul.
With the acquisition, Holcim wants to expand its position in the USA. "The acquisition strengthens our presence in this strong growth market and contributes to Holcim's overall strategy of expanding our range of low-carbon products and solutions," Jan Jenisch, CEO of Holcim, is quoted as saying.
According to the announcement, all Marshall Concrete Products employees will continue to be employed and integrated into Holcim's national subsidiary in the USA. No information is given about the purchase price.