Holcim Closes SES Insulation and Roofing Acquisition

HOLCIM has completed the acquisition of SES Foam LLC, the biggest independent spray foam insulation company in the US with a $200m turnover in 2022.

Jamie Gentoso, Holcim Global Head Solutions & Products commented: “With SES’ leadership in thermal insulation, we are expanding our range of innovative systems for sustainable buildings, from roofing to insulation, to enhance buildings’ energy-efficiency. We look forward to entering our next era of growth together.”

Founded in 2009 and based in Spring, Texas, SES introduced SucraSeal, the first sucrose-based spray foam insulation to be certified by the US Department of Agriculture for its high bio-based content.

The transaction adds to Holcim’s other recent acquisitions in roofing and insulation, from Firestone Building Products to Malarkey Roofing Products. Expected net sales for Holcim’s roofing and insulation business are CHF 3.5 billion (Swiss Francs) for 2022.

Build More With Less

Holcim says it is becoming a net zero company, driving circular construction and recycling to “build more with less”. Holcim owns brands including ACC, Aggregate Industries, Ambuja Cement, Disensa, Geocycle, Holcim, Lafarge and Malarkey Roofing Products. The company employs 70,000 people worldwide in four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

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