US: Holcim US has signed a deal to acquire advanced insulation systems producer Ox Engineered Products for US$136m. Switzerland-based Holcim says that the deal is scheduled for completion later in 2024. Ox Engineered Products’ product range includes IsoREDCi polyisocyanurate (PIR) insulation and Ox-IS and Strong-R insulated structural sheathing.
Holcim CEO Miljan Gutovic said "Ox Engineered Products is the ideal addition to Holcim’s business in North America, with its complementary range of proprietary technologies and trusted brands. Its premium solutions enable us to offer the full suite of building envelope systems to our North America customers, from residential to commercial applications. I warmly welcome all 210 employees of Ox Engineered Products to the Holcim family."
