Holcim to acquire PASA

Switzerland-based building materials group Holcim concluded a deal to acquire the Mexican roofing producer PASA on 3 May 2023. PASA employs 250 people, and generated sales of US$38m throughout 2022.

Holcim said that the deal will help to expand its products and solutions business, an area in which it has now made five acquisitions to date in 2023. CEO Jan Jenisch expects the group to acquire 30 companies throughout 2023, of which it already acquired 12 during the first quarter of the year.