Mergers & Acquisitions

June 22, 2022

Firestone Parent Acquires SES Foam

Holcim to acquire SES roofing and insulation business

EQS Group Jun. 22, 2022, 03:04 AM

Holcim Group Services Ltd / Key word(s): Acquisition
Holcim to acquire SES roofing and insulation business


22.06.2022 / 09:04

Acquisition to expand Holcims roofing and insulation business Proven double-digit growth engine in the highly profitable US spray foam insulation market Annual sales of USD 200 million for 2022  Highly regarded brand for sustainable new builds and green retrofitting projects Accelerates Holcims growth in Solutions & Products in the US

  Holcim has entered into an agreement to acquire SES Foam LLC, the biggest independent spray foam insulation company in the US with 2022 (est.) Net Sales of USD 200 million. SES has a track record of double-digit growth, with advanced energy-efficiency and bio-based solutions for new and green retrofitting projects.

This transaction adds to Holcims recent acquisitions, from Firestone Building Products to Malarkey, taking its Proforma 2022 Net Sales in roofing and insulation business to USD 3.5 billion. Jamie Gentoso, Head Solutions & Products: This is another exciting step in the expansion of Solutions & Products, advancing our Strategy 2025 Accelerating Green Growth. SES has a proven track record of growth and innovation in thermal insulation with a focus on more sustainable solutions, making them highly complementary to our roofing and insulation business.

“We look forward to warmly welcoming all SES employees into Holcim and to invest in our next era of growth together, with a continued focus on innovation and sustainability. Holcims commitment to innovation, superior execution and global resources provide an attractive platform from which to continue to deliver profitable growth”, said Charles Valentine, Chief Executive Officer and President of SES. “We are excited about our future together.”

Founded in 2009 and based in Spring, Texas, SES has a history of innovation with solutions like SucraSeal®, the first sucrose-based spray foam insulation to be certified by the US Department of Agriculture for its high bio-based content. SES offers superior products that improve buildings energy-efficiency and thermal comfort, while lowering their carbon footprint. The company stands out for its value-added services to contractors, including onsite technical instruction, business consulting, branding and lead generation support.

This acquisition advances Holcims Strategy 2025 Accelerating Green Growth with the goal to expand its Solutions & Products business to 30% of Group Net Sales by 2025. It expands Holcims reach in the attractive insulation, as well as repair and refurbishment markets.

About Holcim
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 circular construction as a world leader in recycling to build more with less. Holcim is the company behind some of the worlds most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Geocycle, Holcim, Lafarge and Malarkey Roofing Products. 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. Learn more about Holcim on www.holcim.com, and by following us on LinkedIn and Twitter.

June 7, 2022

Azelis M&A Focus

Azelis Strengthens Executive Leadership to Support Group’s Growth Strategy

June 7, 2022 by admin

ANTWERP, Belgium–(WORK TEL)–Regulatory Information:

Azelis (Brussels:AZE), a number one world innovation providers supplier within the specialty chemical substances and meals elements business, introduced the appointment of Laurent Nataf as Head of Mergers and Acquisitions (M&A), a brand new strategic perform on the group’s Government Committee. Sertaç Sürür, who was appointed as the brand new CEO and President of Azelis Asia Pacific, joined the Government Committee in his new place, growing the manager management of Azelis to 6 members.

As a part of Azelis’ technique to speed up development, Laurent Nataf, at the moment the CEO and President of Azelis Asia Pacific, will assume the function of Chief M&A Officer efficient September 1, 2022. The creation of this new function on the Government Committee displays the continued significance of the Group’s M&A program to enhance its natural development growth in strengthening its footprint and market management. Laurent will additional develop and drive Azelis’ world M&A method consistent with the group’s bold development plans and also will oversee post-acquisition integration applications. Laurent will leverage his management abilities and enterprise growth expertise by main the acquisition of 17 firms for Azelis in Asia Pacific. Below Laurent’s management, the group’s Asia Pacific enterprise grew from 8% to over 15% of group income, increasing Azelis’ footprint to incorporate 12 nations within the area.

Sertaç Sürür, who’s at the moment the Common Supervisor of Azelis Turkey, will take over the management of the Asia Pacific area from Laurent Nataf. Since becoming a member of in 2015, Sertaç has taken on numerous native and regional management roles, driving the group’s Turkey enterprise to develop into a number one specialty chemical substances distributor within the home market, rising from 2% to roughly 6% of Azelis’ EMEA income. Previous to becoming a member of Azelis, Sertaç held numerous business and administration management positions at world industrial and chemical distribution and manufacturing firms, together with DSM and Ravago.

Laurent and Sertaç, as members of the Government Board, will report back to the Group CEO,Dr. Hans Joachim Muller. They may quickly start to transition into their new roles to make sure a easy and seamless handover.

Dennis Verhaert, present Group M&A Director, will tackle a brand new function at Azelis, particulars of which shall be introduced quickly.

Azelis CEO Dr. Remark by Hans Joachim Müller:

“I’m happy to announce to the management of the group these strategic appointments that mark the following stage in our evolution to develop into the reference innovation service supplier within the specialty chemical substances and meals elements distribution market. Including M&A performance to the Government Committee is a logical step given our technique to enhance natural development with acquisitions to strengthen our facet worth chain and world footprint.

I wish to thank Dennis for his contribution to the event of a powerful M&A group that has supported the group’s speedy development over the previous 4 years. Laurent and Sertaç have a formidable monitor document of growing enterprise for the group and I’ve full confidence that they are going to proceed to efficiently fulfill their new roles.”

About Azelles

Azelis is a number one world innovation service supplier within the specialty chemical substances and meals elements business, with greater than 3,000 staff positioned in additional than 50 nations worldwide. Every of our educated groups of business, market and technical specialists is devoted to a selected market inside Life Sciences and Industrial Chemical compounds. We provide greater than 51,000 prospects a lateral complementary product worth chain, backed by roughly 2,300 key relationships, producing turnover of €2.8 billion (2021). Azelis Group NV is listed on Euronext Brussels with the code AZE.

Throughout our intensive community of greater than 60 software labs, our award-winning workers help within the growth of formulations and supply technical steerage for purchasers all through the product growth course of. We mix a world market attain with an area footprint to offer a dependable, built-in and distinctive digital service to native prospects and enticing job alternatives for principals. With an EcoVadis Platinum ranking, Azelis is a frontrunner in sustainability. We imagine in establishing and nurturing stable, sincere and clear relationships with our staff and companions.

Affect via concepts. Innovation via formulation.

www.azelis.com

https://webringnet.com/azelis-strengthens-executive-leadership-to-support-groups-growth-strategy/

June 7, 2022

Azelis M&A Focus

Azelis Strengthens Executive Leadership to Support Group’s Growth Strategy

June 7, 2022 by admin

ANTWERP, Belgium–(WORK TEL)–Regulatory Information:

Azelis (Brussels:AZE), a number one world innovation providers supplier within the specialty chemical substances and meals elements business, introduced the appointment of Laurent Nataf as Head of Mergers and Acquisitions (M&A), a brand new strategic perform on the group’s Government Committee. Sertaç Sürür, who was appointed as the brand new CEO and President of Azelis Asia Pacific, joined the Government Committee in his new place, growing the manager management of Azelis to 6 members.

As a part of Azelis’ technique to speed up development, Laurent Nataf, at the moment the CEO and President of Azelis Asia Pacific, will assume the function of Chief M&A Officer efficient September 1, 2022. The creation of this new function on the Government Committee displays the continued significance of the Group’s M&A program to enhance its natural development growth in strengthening its footprint and market management. Laurent will additional develop and drive Azelis’ world M&A method consistent with the group’s bold development plans and also will oversee post-acquisition integration applications. Laurent will leverage his management abilities and enterprise growth expertise by main the acquisition of 17 firms for Azelis in Asia Pacific. Below Laurent’s management, the group’s Asia Pacific enterprise grew from 8% to over 15% of group income, increasing Azelis’ footprint to incorporate 12 nations within the area.

Sertaç Sürür, who’s at the moment the Common Supervisor of Azelis Turkey, will take over the management of the Asia Pacific area from Laurent Nataf. Since becoming a member of in 2015, Sertaç has taken on numerous native and regional management roles, driving the group’s Turkey enterprise to develop into a number one specialty chemical substances distributor within the home market, rising from 2% to roughly 6% of Azelis’ EMEA income. Previous to becoming a member of Azelis, Sertaç held numerous business and administration management positions at world industrial and chemical distribution and manufacturing firms, together with DSM and Ravago.

Laurent and Sertaç, as members of the Government Board, will report back to the Group CEO,Dr. Hans Joachim Muller. They may quickly start to transition into their new roles to make sure a easy and seamless handover.

Dennis Verhaert, present Group M&A Director, will tackle a brand new function at Azelis, particulars of which shall be introduced quickly.

Azelis CEO Dr. Remark by Hans Joachim Müller:

“I’m happy to announce to the management of the group these strategic appointments that mark the following stage in our evolution to develop into the reference innovation service supplier within the specialty chemical substances and meals elements distribution market. Including M&A performance to the Government Committee is a logical step given our technique to enhance natural development with acquisitions to strengthen our facet worth chain and world footprint.

I wish to thank Dennis for his contribution to the event of a powerful M&A group that has supported the group’s speedy development over the previous 4 years. Laurent and Sertaç have a formidable monitor document of growing enterprise for the group and I’ve full confidence that they are going to proceed to efficiently fulfill their new roles.”

About Azelles

Azelis is a number one world innovation service supplier within the specialty chemical substances and meals elements business, with greater than 3,000 staff positioned in additional than 50 nations worldwide. Every of our educated groups of business, market and technical specialists is devoted to a selected market inside Life Sciences and Industrial Chemical compounds. We provide greater than 51,000 prospects a lateral complementary product worth chain, backed by roughly 2,300 key relationships, producing turnover of €2.8 billion (2021). Azelis Group NV is listed on Euronext Brussels with the code AZE.

Throughout our intensive community of greater than 60 software labs, our award-winning workers help within the growth of formulations and supply technical steerage for purchasers all through the product growth course of. We mix a world market attain with an area footprint to offer a dependable, built-in and distinctive digital service to native prospects and enticing job alternatives for principals. With an EcoVadis Platinum ranking, Azelis is a frontrunner in sustainability. We imagine in establishing and nurturing stable, sincere and clear relationships with our staff and companions.

Affect via concepts. Innovation via formulation.

www.azelis.com

https://webringnet.com/azelis-strengthens-executive-leadership-to-support-groups-growth-strategy/

May 31, 2022

Applied Adhesives Makes Another Acquisition

Arsenal’s APPLIED Adhesives

Acquires Alliance Adhesives

MINNETONKA, Minn., May 25, 2022 – APPLIED Adhesives, a premier custom adhesive solutions provider in North America, today announced that it has completed its acquisition of Alliance Adhesives, a regional supplier of adhesives and dispensing equipment solutions located in Oldsmar, FL. This acquisition strengthens the Company’s commitment to providing industry-leading products, technical expertise, and superior service to its customers.

“Alliance’s dedication to providing an exceptional customer experience is in direct alignment with Applied’s commitment to relentless customer focus, demonstrating an ideal cultural fit,” said John Feriancek, President and CEO of APPLIED Adhesives. “We are pleased to welcome Alliance Adhesives to APPLIED Adhesives and look forward to providing their customers with the outstanding service and innovative solutions they have come to expect.”

“Alliance always has the mindset that we are an extension of our customers’ business by supporting their needs to drive their success. Our relationship with our customers is our number one priority. We have them to thank for who we are today,” said David Rittenhouse, President of Alliance Adhesives. “Applied shares those same values and mindset. We feel the support that Applied brings to the table and their passion for relentless customer focus makes this a win for everyone.”

About APPLIED Adhesives

APPLIED Adhesives, founded in 1971, is a premier custom adhesive solutions provider in North America. The company is a value-added distributor of hot melt, water-based, and reactive adhesives as well as dispensing equipment. APPLIED Adhesives serves as a critical supply chain partner to leading adhesive manufacturers and formulators by offering reach and high service levels to an expansive customer base. For more information, please visit appliedadhesives.com or follow us on LinkedIn. 

About Alliance Adhesives

Located in Oldsmar, FL, Alliance Adhesives is a regional, family-owned manufacturer and distributor of industrial adhesives. For 20 years, customers have depended on Alliance for cost-effective solutions for their adhesives needs. Alliance serves customers of all types including small- and medium-sized businesses, large enterprises, agricultural, educational institutions, government agencies, and consumers. For more information, please visit Allianceadhesives.com

About Arsenal Capital Partners

Arsenal is a leading private equity firm that specializes in investments in middle-market industrial growth and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds of more than $10 billion, has completed more than 250 platform and add-on investments, and achieved more than 30 realizations. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add. Visit www.arsenalcapital.com for more information.

May 31, 2022

Applied Adhesives Makes Another Acquisition

Arsenal’s APPLIED Adhesives

Acquires Alliance Adhesives

MINNETONKA, Minn., May 25, 2022 – APPLIED Adhesives, a premier custom adhesive solutions provider in North America, today announced that it has completed its acquisition of Alliance Adhesives, a regional supplier of adhesives and dispensing equipment solutions located in Oldsmar, FL. This acquisition strengthens the Company’s commitment to providing industry-leading products, technical expertise, and superior service to its customers.

“Alliance’s dedication to providing an exceptional customer experience is in direct alignment with Applied’s commitment to relentless customer focus, demonstrating an ideal cultural fit,” said John Feriancek, President and CEO of APPLIED Adhesives. “We are pleased to welcome Alliance Adhesives to APPLIED Adhesives and look forward to providing their customers with the outstanding service and innovative solutions they have come to expect.”

“Alliance always has the mindset that we are an extension of our customers’ business by supporting their needs to drive their success. Our relationship with our customers is our number one priority. We have them to thank for who we are today,” said David Rittenhouse, President of Alliance Adhesives. “Applied shares those same values and mindset. We feel the support that Applied brings to the table and their passion for relentless customer focus makes this a win for everyone.”

About APPLIED Adhesives

APPLIED Adhesives, founded in 1971, is a premier custom adhesive solutions provider in North America. The company is a value-added distributor of hot melt, water-based, and reactive adhesives as well as dispensing equipment. APPLIED Adhesives serves as a critical supply chain partner to leading adhesive manufacturers and formulators by offering reach and high service levels to an expansive customer base. For more information, please visit appliedadhesives.com or follow us on LinkedIn. 

About Alliance Adhesives

Located in Oldsmar, FL, Alliance Adhesives is a regional, family-owned manufacturer and distributor of industrial adhesives. For 20 years, customers have depended on Alliance for cost-effective solutions for their adhesives needs. Alliance serves customers of all types including small- and medium-sized businesses, large enterprises, agricultural, educational institutions, government agencies, and consumers. For more information, please visit Allianceadhesives.com

About Arsenal Capital Partners

Arsenal is a leading private equity firm that specializes in investments in middle-market industrial growth and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds of more than $10 billion, has completed more than 250 platform and add-on investments, and achieved more than 30 realizations. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add. Visit www.arsenalcapital.com for more information.