on LAFARGEHOLCIM LTD (EPA:LHN)
Holcim Expands in Canada with Acquisition of Langley Concrete Group
Holcim has taken a significant step into the Canadian precast concrete market by acquiring Langley Concrete Group Inc., a well-established provider in British Columbia. This acquisition aims to bolster Holcim's national capabilities and its presence in the rapidly expanding infrastructure sector.
The acquisition brings 180 skilled employees from Langley into the Holcim family, as stated by Jaime Hill, Holcim's Region Head for North America. The integration is expected to enhance customer service and expand the company's product portfolio with high-quality offerings.
Holcim gains two advanced production facilities located in Chilliwack and Duncan, B.C. These sites will produce vital concrete products like manholes and box culverts, essential for various infrastructure projects. Langley's president, Mark Omelaniec, expressed confidence in Holcim as the right partner to advance the 75-year legacy of Langley Concrete.
R. E.
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