Report
Sven Edelfelt

LafargeHolcim : Firestone Building Product deal to get 2021 off to a good start

>Firestone Building Product, a new subsidiary for LafargeHolcim? - According to Bloomberg, LafargeHolcim is in the running to buy Firestone Building Product, Bridgestone's building materials business. Firestone has a complementary and state-of-the-art range of products, with water-proofing solutions for roofing, membranes, insulation lines and seals for facades. Bridgestone has decided to auction this subsidiary as part of a broader effort to cut costs with a view to ...
Underlying
HOLCIM AG

LafargeHolcim is a producer of cement and aggregates. Co. also supplies ready-mix concrete, concrete products, asphalt and a range of services. Co. operates through three segments: cement, aggregates, and other construction materials and services. Co.'s cement segment provides a range of cementitious materials and also develops customized blends for special applications. Through its aggregates segment, Co. produces aggregates which include crushed stone, gravel and sand mainly used in the manufacture of ready-mix concrete, concrete products and asphalt, as well as for road building and railway tracks, with production centered on quarrying, preparing and sorting the raw material.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Sven Edelfelt

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