May 16, 2022 – Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Jan Jenisch said. “At the moment we have around 10 transactions being checked by us, being negotiated by us. They are small transactions, they are bigger transactions,” Jenisch told a reporter from Reuters. “We are ready for another Firestone,” he said, referring to the $3.4 billion purchase of the American roofing business Holcim made last year. The company would also look at smaller bolt-on deals in the aggregates and ready-mix concrete areas, Jenisch said.
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