Holcim Expands in Latin America with Tensolite Acquisition

Holcim Group has announced the acquisition of Tensolite, a prominent manufacturer in the precast and pre-stressed concrete sector within the buoyant markets of Latin America. This move is targeted to bolster Holcim’s Solutions & Products portfolio, particularly in Argentina. The acquisition, which includes Tensolite’s comprehensive production facilities and distribution networks spanning Argentina, Paraguay, and Uruguay, is part of Holcim’s strategic enhancement of its geographic footprint in the region.

Oliver Osswald, Region Head for Latin America at Holcim, highlighted the strategic importance of the acquisition. He pointed out that Tensolite’s innovative approach and leading position in the market for precast and pre-stressed construction systems make it an essential addition to Holcim’s expanding portfolio. He also emphasized the potential synergies between Tensolite and Holcim’s existing business units, such as the Disensa yard store network.

Tensolite, a company with a history dating back to 1979, has established itself as a key player in the market for concrete construction systems. Its product offering includes a variety of solutions, from pre-stressed joists to interlocking precast walls designed for efficiency and ease of installation. This transaction aligns with Holcim’s ‘Strategy 2025 – Accelerating Green Growth’ initiative, aiming to diversify its Solutions & Products business. Subject to regulatory approval, the deal is expected to conclude in the second quarter of 2024.