Multi-national conglomerate Holcim announced recently it acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of $71 million.
In a release, the Swiss-based global building materials organization said the acquisition adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network.
INDAR supplies hardware of over 80 leading brands, from roofing needs to tools, adhesives, and way electrical and plumbing supplies. The acquisition includes INDAR’s nine distribution centers across Mexico and its fulfillment center in Guadalajara, the capital of Jalisco state on the country’s Pacific coast.
“INDAR's broad range of hardware products strengthens our entire Disensa network of over 2,000 stores across Latin America,” Oliver Osswald, region head of Latin America at Holcim, said in a statement. “With its powerful logistics network and a focus on delivering the best in service, quality and customer experience, INDAR will make a perfect fit with our Disensa network by strengthening its product range and value proposition.”
The statement described INDAR as a leader in hardware for 35 years. As part of Holcim, the company will broaden the Disensa sales offer, as well as open an additional online sales channel for Holcim’s bagged cement, including ECOPlanet low-carbon cement, as well as other Holcim products such as Gacoflex roofing.
This latest acquisition comes on the heels of Holcim’s purchase of Michigan-based roofing systems manufacturer Duro-Last last February in a deal worth a reported $1.29 billion. Along with the company’s purchase of Polymers Sealants of North America during the final quarter of 2022, Holcim is well underway to become one of the most dominant players in building materials globally.