Holcim US Continues Aggregates Expansion in Rapidly Growing Colorado Market

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Apr 03, 2023, 09:07 ET

The sustainable building solutions leader acquires an independent aggregates provider in the Colorado Springs area

DENVER, April 3, 2023 /PRNewswire/ -- Holcim US continues to strengthen its position in Colorado with its third acquisition in recent months in the rapidly growing state. Today the company announced the acquisition of Tezak Heavy Equipment ("Tezak"), a family-held aggregates producer and specialty civil construction business with deep roots in the Colorado Springs market.

The acquisition is highly complementary to Holcim's position in the rapidly growing Colorado Springs market, bringing significant synergies with the building solution leader's existing footprint.

"With Colorado among the leaders in U.S. population and GDP growth, Holcim understands how important construction in the region is and will become," said Toufic Tabbara, Region Head, North America at Holcim US. "Partnering with companies like Tezak, a trusted regional aggregates and construction provider, we are able to build on our growth of the Colorado Springs market."

The transaction includes all civil construction, trucking and maintenance operations, as well as four quarries near Colorado Springs which will provide decades of reserves in a growing market. The purchase of Tezak's quarries compliments Holcim's recent aggregate operations acquisitions in December 2022 and January 2023.

About Holcim
Holcim is a global leader in innovative and sustainable building solutions. Driven by its purpose to build progress for people and the planet, its 60,000 employees are on a mission to decarbonize building, while improving living standards for all. The company empowers its customers across all regions to build better with less, with its broad range of low-carbon and circular solutions, from ECOPact to ECOPlanet. With its innovative systems, from Elevate's roofing to PRB's insulation, Holcim makes buildings more sustainable in use, driving energy efficiency and green retrofitting. With sustainability at the core of its strategy, Holcim is becoming a net-zero company with 1.5°C targets validated by SBTi.

In the United States, Holcim US, includes close to 350 sites in 43 states and employs 7,000 people. Our customers rely on us to help them design and build better communities with innovative solutions that deliver structural integrity and eco-efficiency.

To learn more, visit www.Holcim.us.

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SOURCE Holcim