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LafargeHolcim has acquired Marshall Concrete Products, enhancing its Aggregate Industries unit's presence in the Minneapolis/St. Paul area. Founded in 1936, Marshall specializes in concrete products, catering primarily to residential and light commercial sectors. This acquisition aims to bolster operations in a rapidly growing market, promoting continuity in customer service. LafargeHolcim operates nearly 350 sites across the U.S., employing about 7,000 people and focuses on delivering sustainable building solutions as part of its global strategy.
Positive
Acquisition strengthens LafargeHolcim's market position in the growing Minneapolis/St. Paul area.
Enhances residential and light commercial offerings, potentially increasing revenue streams.
Negative
None.
Addition expands customer footprint and deepens relationships in the Midwest
CHICAGO--(BUSINESS WIRE)--
Today, LafargeHolcim in the United States announced the acquisition of Marshall Concrete Products, a longstanding and trusted supplier of concrete products and services in the Minneapolis/St. Paul and the greater Twin Cities (MN) metropolitan area. This acquisition expands the footprint of local Aggregate Industries operations, part of the LafargeHolcim family of companies in the US.
“Marshall Concrete aligns well with our Aggregate Industries business,” said Randy Gaworski, Head of North Central Region, US ACM at LafargeHolcim. “Their talented employees and strong focus on customer service have made it a partner of choice in Minneapolis /St. Paul and the surrounding area.”
Since 1936, Marshall Concrete Products has been a leading concrete producer, with a primary focus on residential and light commercial customers. The acquisition enhances Aggregate Industries’ current residential and light commercial offerings, benefiting all sectors served including infrastructure and industrial customers.
“This is an exciting time for our company and our employees. The Minneapolis/St. Paul metro market is booming, and if we’re going to grow, having the right structure and resources in place will help us to continue doing what we do best,” said Matt Miller, president, Marshall Concrete Products. “Right now, our number one priority is ensuring continuity of quality customer service.”
Marshall Concrete Products, which employs more than 60 individuals, will become a member of the LafargeHolcim family of companies in the US.
About LafargeHolcim US & Holcim In the United States, LafargeHolcim, part of the Holcim Group, includes close to 350 sites in 43 states and employ 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.
Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.
