According to a statement from Holcim, Duro-Last has a track record of double-digit growth in the roofing market, with pro forma net sales of $540 million. As a result, Holcim expects to exceed $4 billion in net sales ahead of schedule.
“I am excited to welcome all 840 Duro-Last employees to the Holcim family," said Jan Jenisch, CEO of Holcim. "DuroLast is a perfect strategic fit for our roofing business. Its proprietary technologies and leading brands complement our offering in the fast-growing North American market. Its energy-efficient systems and excellence in recycling will further advance our leadership in sustainability."
Jenisch added the acquisition is a step in the expansion of Holcim's Solutions & Products and advances its "Strategy 2025 – Accelerating Green Growth" plan to become a global leader in sustainable building solutions.
Duro-Last’s systems range from cool roofs, enhancing buildings’ energy efficiency, to its award-winning “Recycle Your Roof” program, driving circularity in roofing. Duro-Last is the first company in the U.S. to offer third-party verified environmental product declarations for its thermoplastic roofing solutions. Duro-Last’s systems are in line with green building certifications such as LEED.
Holcim's other acquisitions in the roofing market include Malarkey Roofing Products for $1.35 billion in late 2021 and Firestone Building Products in April 2021, rebranding it to Holcim Building Envelope.