# Holcim to acquire South American concrete products firm Tensolite
Published: 2024-04-05
Category: News
Category URL: https://internationalreleases.com/category/news/
Meta Title: Holcim Expands in South America with Tensolite Buy
Meta Description: Holcim to expand in South America by acquiring Tensolite, a leading pre-cast concrete firm. Deal to enhance Holcim's reach in Argentina, Paraguay, and U...
URL: https://internationalreleases.com/holcim-to-acquire-south-american-concrete-products-firm-tensolite/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qsjkhn001iwirgrmrp8k0j/images/2024-04-05t051319z1lynxnpek3405trtroptp4holcim-results-scaled-1736965455497-compressed.webp)

ZURICH (Reuters) – Holcim on Friday said it will buy Tensolite, a maker and distributor of pre-cast concrete systems in South America, the latest acquisition by the Swiss building materials company.

Tensolite, which operates in Argentina, Paraguay and Uruguay, had net sales of $22 million in 2023 and will become part of Holcim’s Solutions & Products division.

Terms of the deal, which is expected to close later in the second quarter of 2023, were not disclosed.

(Reporting by John Revill; Editing by Miranda Murray)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---