The world's biggest cement maker, Switzerland's Holcim Ltd., will acquire Saginaw-based Duro-Last Inc., a producer of single-ply roofing systems that has seen double-digit growth, for $1.29 billion to strengthen its building product offering.
Founded in 1976 as Tri-City Vinyl, the acquired…
Switzerland's Holcim Ltd. is on an acquisition streak, and it will expand its work in the North American roofing market with Michigan-based Duro-Last Inc.
Billionaire Gautam Adanis conglomerate is in advanced talks with the infrastructure-focused Jaiprakash Group to buy their cement business for about 50 billion rupees ($606 million), people familiar with the matter said.