Holcim acquires Indar from Mexico
The cement group Holcim has acquired Indar in Mexico, a wholesaler of hardware. With this acquisition, Holcim is expanding its retail network Disensa and extending its range of roofing supplies, tools and adhesives.
Zug-basedHolcim has acquired Indar, a Mexican hardware wholesaler. As part of Holcim, the company, based in Tlaquepaque in the state of Jalisco, will strengthen Holcim’s Disensa retail network, according to a media release.
According to the statement, Holcim’s acquisition of Indar adds more than 10,600 additional hardware products to its range of solutions for the Disensa retail network, including roofing supplies, tools and adhesives, and electrical and plumbing supplies. Indar carries hardware from more than 80 brands and had net sales of $71 million last year.
The acquisition includes Indar’s nine distribution centres nationwide, as well as its fulfilment centre in Guadalajara. According to its own information, Indar distributes its products from there within a radius of 500 kilometres with its own fleet of vehicles. This is supplemented by contracts with the “most important parcel services in the region”.
Holcim welcomes Indar’s 420 employees and looks forward to “the next era of growth,” Oliver Osswald, head of the Latin America region, is quoted as saying in the media release. “With its powerful logistics network and focus on providing the best possible service, quality and customer experience, Indar fits perfectly into our Disensa network by strengthening its product range and value proposition.”
Furthermore, Holcim plans to distribute its bagged cement, including the low-carbon ECOPlanet cement, as well as other products such as roofing membranes through Indar’s online sales portal.