Holcim Acquires SES Foam
June 22, 2022
Holcim has agreed to acquire SES Foam (SES Foam LLC), the largest independent spray-foam insulation company in the United States, expanding Holcim’s Solutions & Products roofing and insulation business. The deal, which closed July 29, 2022, was a sale by Tenex Capital Management and brings SES’s sustainable, bio-based spray-foam capabilities and ~USD 200m 2022 net sales into Holcim’s portfolio to support its Strategy 2025 growth objectives.
- Buyers
- Holcim
- Targets
- SES Foam LLC
- Sellers
- Tenex Capital Management
- Industry
- Building Products
- Location
- Texas, United States
- Transaction Type
- Buyout
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