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Firestone Firestone Building Products H Lafarge Holcim Media Release Zug , 7 January , 2021 BRIDGESTONE Solutions for your journey LafargeHolcim Products from Bridgestone Americas to acquire Firestone Building • Acquiring industry leader in commercial roofing and building envelope solutions to position it for continued growth • A milestone in the transformation of LafargeHolcim to become the global leader in innovative and sustainable building materials and solutions • Strengthening Lafarge Holcim's biggest market , the US , with annual sales to exceed USD 6bn • Plans to expand in Europe and Latin America to become the global leader in flat roofing systems • Sale to enable Bridgestone to strengthen investments in company's tire business and fast - growing mobility solutions business Lafarge Holcim has signed an agreement to acquire Firestone Building Products ( FSBP ) , a leader in commercial roofing and building envelope solutions based in the United States ( US ) , with 2020 ( est . ) net sales of USD 1.8 billion and EBITDA of USD 270 million . This acquisition is a milestone in LafargeHolcim's transformation to become the global leader in innovative and sustainable building solutions . Media Relations : media@lafargeholcim.com +41 ( 0 ) 58 858 87 10 This transaction is valued at USD 3.4 billion , to be financed with cash and debt while maintaining net debt below 2x . Synergies of USD 110 million per year are expected on a run - rate basis within two years of closing , which is expected in the second quarter . The acquisition is earnings per share ( EPS ) accretive from the first year . Jan Jenisch , LafargeHolcim CEO : " I am excited to be entering the highly attractive roofing business . With Firestone Building Products we are strengthening our biggest market , the US , while also building a global growth and innovation platform for the company . Today's milestone is a strategic leap on our journey to become the global leader in innovative and sustainable building solutions , to build a world that works for people and the planet . I have great respect for the high - caliber leadership and expertise of the Firestone Building Products ' team and look forward to welcoming them into the LafargeHolcim family . " Paolo Ferrari , Bridgestone Americas President , CEO & COO : " This transaction will create new growth opportunities for Firestone Building Products and allow Bridgestone to focus its resources to further invest in the company's tire business and rapidly growing mobility solutions business . Like Bridgestone , Lafarge Holcim is a global company with a strong financial position and thriving culture . Investor Relations : investor.relations@lafargeholcim.com +41 ( 0 ) 58 858 87 87 1/3