Holcim acquires Mexican firm Indar
13 March 2023 12:07
Zug-based Holcim has agreed a takeover of the Mexican hardware wholesaler Indar. As part of Holcim, the company, which is based in Tlaquepaque in the state of Jalisco, will strengthen the Holcim retail network Disensa, further details of which can be found in a press release.
Accordingly, with the acquisition of Indar, Holcim can expand its range of solutions for the Disensa retail network by more than 10,600 additional hardware products, including roofing supplies, tools and adhesives as well as electrical and plumbing supplies. Indar stocks more than 80 hardware brands and last year generated net sales of 71 million US dollars.
The acquisition includes Indar's nine distribution centers across Mexico as well as the fulfillment center in Guadalajara. According to information from the company itself, Indar sells its products from here within a radius of 500 kilometers using its own fleet of vehicles. This is supplemented by contracts with some of the “most important parcel delivery services in the region”.
Holcim is excited to welcome the 420 Indar employees on board and is looking forward to the “next era of growth”, according to Oliver Osswald, Region Head Latin America, in the press release. “With its powerful logistics network and a focus on delivering the best in service, quality and customer experience, Indar will make a perfect fit with our Disensa network by strengthening its product range and value proposition”, Osswald concludes.
Holcim also intends to sell its bagged cement, including the low-carbon ECOPlanet cement, in addition to other products such as roofing membranes, via the online sales portal operated by Indar. ko