Holcim has expanded its capability in roofing systems with the acquisition of Cooper Standard Technical Rubber GmbH (CSTR).
The newly acquired company, based in Mannheim, Germany, is a leading manufacturer of highly durable and technical rubber products, used for roofing products.
CSTR comes with an innovative R&D department, a state-of-the-art production facility, as well as an experience team of 130 employees.
Together, Holcim says, they will fuel further growth of its own roofing business across Europe.
Jamie Gentoso, Holcim’s global head, Solutions & Products, said: “I warmly welcome all CSTR employees into the Holcim family and look forward to investing in this business’s next era of growth together.
“By expanding our roofing systems offering, we can play a bigger role in providing innovative and sustainable solutions for energy-efficient buildings and contribute to the green deal of the European Union.”
According to the Holcim, CSTR’s “innovation-driven approach” is highly complementary to its own existing roofing business.
With its strategically located production facility in the Rhine-Neckar area, CSTR adds to Holcim’s other recent acquisitions in roofing and insulation, notably FDT Flachdach Technologie GmbH, a leading manufacturer of thermoplastic roofs.
Holcim says it will continue CSTR`s existing business activities, and serve its existing customer base, while expanding its business under the new name of Holcim Technical Solutions & Products GmbH.
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