Holcim Completes Roofing Acquisition

Holcim completed the acquisition of Malarkey Roofing Products, a double-digit growth engine in the U.S. residential roofing market, with projected 2022 net sales of $600 million and EBITDA of $120 million. Recognized for its leadership in innovation and sustainability, Malarkey is expanding Holcim’s range of roofing systems in the highly profitable $19 billion U.S. residential roofing market.

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MBCC-Sika Deal

Jan. 11, 2022 – Our sister publication Concrete Products was the first in the construction-materials trade press to report on a very important merger, as the Swiss parent company of Sika Corp., Lyndhurst, N.J., anticipates a second half closing on Master Builders Solutions owner, MBCC Group. The company is based in Mannheim, Germany, with its Americas headquarters in Cleveland. The companies apparently announced their…

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Silvi Concrete Acquires L&L Redi Mix Concrete Assets

Silvi Concrete, a division of Silvi Materials headquartered in Fairless Hills, Pa., announced the acquisition of all the assets of L&L Redi Mix Concrete, headquartered in Southampton, N.J. The acquisition consists of six New Jersey-based concrete plants located in Southampton, Woodbury, Voorhees, Cinnaminson, Kingston and Clayton, along with a concrete recycling facility and a masonry supply yard.

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Chaney Enterprises Acquires TW Block & Concrete Assets

Chaney Enterprises will acquire the locally owned TW Block ready-mix concrete, masonry, and aggregate materials business located in Onley, Va., in the lower Chesapeake and Virginia Eastern Shore region.  In business since 1957, as a female-owned and family operated company, Chaney is purchasing TW Block & Concrete from President Genevieve Walker and sister, Chief Financial Officer Wendy Walker. Customers will…

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Deere Acquires Majority Ownership in Kreisel Electric

Deere & Company has signed a definitive agreement to acquire majority ownership in Kreisel Electric Inc., a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, Kreisel has developed a charging infrastructure platform (CHIMERO) that utilizes this patented battery technology.

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