Deal Details

ITW Sells Polymers Sealants North America to Holcim

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Summary

About

ITW is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.5 billion in 2021. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. ITW is headquartered in Glenview, Illinois.

PSNA is a leading provider of coating, adhesive and sealant solutions for high value applications. The Company’s innovation-driven solutions are used in commercial building roof and below roof applications as well as other industries such as marine, aerospace composites and infrastructure. Leveraging deep material, formulation and application expertise, PSNA’s broad portfolio of solutions meet performance requirements and hold critical certifications and accreditations. The Company has more than 150 employees across seven strategically located facilities in the U.S. PSNA is headquartered in Houston, Texas.

Holcim is a global leader in innovative and sustainable building solutions, 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, driving circular construction to build more with less. Holcim has approximately 70,000 employees around the world and operates through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products. Holcim is headquartered in Zug, Switzerland.

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