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    Home > Top Stories > Holcim to acquire South American concrete products firm Tensolite
    Top Stories

    Holcim to acquire South American concrete products firm Tensolite

    Holcim to acquire South American concrete products firm Tensolite

    Published by Uma Rajagopal

    Posted on April 5, 2024

    Featured image for article about Top Stories

    Holcim to acquire South American concrete products firm Tensolite

    ZURICH (Reuters) – Holcim on Friday said it will buy Tensolite, a maker and distributor of pre-cast concrete systems in South America, the latest acquisition by the Swiss building materials company.

    Tensolite, which operates in Argentina, Paraguay and Uruguay, had net sales of $22 million in 2023 and will become part of Holcim’s Solutions & Products division.

    Terms of the deal, which is expected to close later in the second quarter of 2023, were not disclosed.

    (Reporting by John Revill; Editing by Miranda Murray)

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