Freedonia analyst looks into Holcim’s purchase of Malarkey Building Products

CLEVELAND, January 21, 2022 /PRNewswire/ — Holcim, one of the world’s leading producers of cement, ready-mix concrete and other building materials, recently announced that it plans to acquire Malarkey Building Products, one of leading suppliers of asphalt shingles, low-slope bituminous roofing and related roofing accessory products, for $1.3 billion. The transaction, which is expected to close in the first quarter of 2022, will expand Holcim’s presence in the United States.

According to Freedonia Group industry analyst Matt Zielensky, “Holcim’s acquisition of Malarkey Building Products allows it to enter the vast US residential roofing market. By acquiring Malarkey – which has a significant presence in the roofing market in the western half of the United States – Holcim will acquire a leading brand well regarded by contractors, as well as Malarkey’s network of manufacturing plants.The residential roofing market in the United States is expected to experience sales growth in the future as demand for housing new remains high and owners continue to invest in their homes, for example by replacing old or worn roofs.

Additionally, Zielenski noted, “Holcim’s purchase of Malarkey follows last year’s acquisition of Firestone Building Products, a leading supplier of roofing and other building materials to the construction market. commercial. The combination of Malarkey and Firestone Building Products will make Holcim a strong player in the US roofing market, positioning itself as a single source supplier for roofers and construction professionals.”

For more information on the outlook for roofing and other construction products, see the Construction Studies page featuring the following industry studies by The Freedonia Group:

Low slope roof

roof

Roof underlay

About Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is the leading international industry research company, providing our clients with product analysis, market forecasts, industry trends and market share information. From individual consulting firms to global conglomerates, our analysts provide companies with unbiased and reliable industry market research and analysis to help them make important business decisions. With over 100 studies published each year, we support over 90% of Fortune 500 industrial companies. Find ready-to-use studies at https://www.freedoniagroup.com/ or contact us for a personalized search: +1 440.842.2400.

Press contacts:
Corinne Gangloff
+1 440.842.2400
[email protected]

SOURCE The Freedonia Group

Comments are closed.