Building materials provider Holcim has completed the acquisition of PTB-Compaktuna (PTB), a specialty building solutions producer based in Belgium that operates across the Benelux region and Northern France.
PTB offers a broad range of high performance building solutions from adhesives and specialty mortars to finishings, which Holcim says will add to its specialty systems portfolio in Europe, building on the recently announced acquisition of Produits de Revêtement du Bâtiment Group (PRB Group) in France. Holcim adds that the PTB business will expand its reach in the high growth repair & refurbishment market, with high-quality, service-led solutions from building energy efficiency to renovation.
Holcim CEO Jan Jenisch commented: “This addition strengthens our presence in Europe in key markets like repair & refurbishment. Building on the entrepreneurial vision and legacy of the Smessaert family, I look forward to investing in this business’ next era of growth and warmly welcoming their employees into the Holcim family.”
PTB was founded in 1957 in Merelbeke, Belgium as one of the first producers of specialty building solutions in Belgium. Its facilities include production, warehousing, marketing and sales offices as well as labs for research & development and quality control. Its geographical footprint and solutions will make it an ideal complement to PRB Group.
Holcim says the acquisition will further advance its “Strategy 2025 – Accelerating Green Growth” with the goal to expand its solutions & products business to 30% of group net sales by 2025, entering the most attractive construction segments, from roofing systems to insulation and renovation.
