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Holcim to acquire Malarkey Roofing Products®
PORTLAND, Oregon – Malarkey Roofing Products®, the leader in sustainable, high-performance roofing shingles, has agreed to be acquired by The Holcim Group, a global leader in sustainable building solutions, behind some of the most trusted brands in the building sector.
“We couldn’t be more thrilled. For decades, we’ve sought a company that agrees with our vision, aligns with our values, and can help us accelerate our growth strategy. Today, we found it in Holcim. Like Malarkey, Holcim has a strong focus on driving the circular economy and leading the transition towards sustainable construction. It’s a very exciting time for both brands,” said Gregory Malarkey, President of Malarkey Roofing.
“To our employees, customers, partners, contractors, and friends, who continue to support our company and mission, thank you! You’ve witnessed first-hand the market’s rapid acceptance of our unique value proposition. With Holcim’s knowledge and resources, we can extend that value proposition to even more consumers. We’re just getting started.”
Jan Jenisch, CEO Holcim, “It is truly impressive what Malarkey has achieved, and I strongly believe this success will continue going forward in combination with Holcim. Our companies are highly complementary with many upsides. I am impressed by the Malarkey brand, the innovative technology, the great network of production facilities and, most importantly, purpose driven employees who are vital for the company’s sustainable growth and national expansion plan. We are excited to further strengthen the Malarkey brand and legacy and welcome all employees and sites to the Holcim family.”
From Bill Thorpe, CEO at Malarkey, “Consumers increasingly refuse to concede sustainability for performance. They want both. And we’ve long felt that we can lead this industry by delivering it. We’re excited that Holcim agrees, and appreciative that they see the value in retaining the employees, brands, and products that are responsible for our success to date.”
The sale is expected to be completed in the first quarter of 2022.
Tonkon Torp LLP of Portland, Oregon is acting as legal advisor to Malarkey.
BofA Securities is acting as financial advisor to Malarkey.
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