- Acquisition of state of a art fiberglass mat facility in the USA
- Enhances Holcim’s roofing technology from Malarkey to Elevate
- Supports expansion in the fast-growing USD 45 billion North American roofing market
Holcim acquires a state-of-the-art fiberglass mat facility in Maryland, USA from an affiliate company of Maryland Paper. This transaction expands Holcim’s technology platform for high-performing and durable roofing systems. By integrating fiberglass mats in its business, Holcim will deliver more value for its customers with an enhanced supply chain. This investment supports Holcim’s expansion in the fast-growing USD 45 billion North America roofing market.
Jamie Gentoso, Global Head, Solutions & Products: “This acquisition is a perfect fit for our building envelope business. Fiberglass mat is a key component in Malarkey’s sustainable shingles and Elevate’s highest performing ISOGARD insulation boards. It enables us to deliver more value for our customers from an innovation, performance and supply chain perspective. I look forward to welcoming the fiberglass team to our Holcim family to accelerate green growth together.”
This modern fiberglass mat facility, based near Hagerstown, Maryland, will start by enhancing Malarkey’s range of sustainable and resilient shingles in the US residential roofing market. As of next year, Holcim will further leverage this facility to advance its range of ISOGARD insulation boards, delivering the highest level of energy efficiency in the US commercial roofing market.
This acquisition contributes to Holcim’s “Strategy 2025 – Accelerating Green Growth” with the goal to expand its Solutions & Products business to 30% of Group net sales by 2025, entering the most attractive construction segments, from roofing systems to insulation and renovation.
Holcim presented at #CarbonZero Global Conference and exhibition in 2022 in Lisbon. Details and registration for the 2023 edition to be held in Lyon on October 26 and 27 are available at carbonzero@industrylink.eu.
