The 2020 Mid-Year Economic Update_long

Lafarge Agrees to Sell North American Gypsum Division

Private equity firm Lone Star Funds will pay $700 million for the manufacturer of gypsum wallboards and joint compounds.

Global building materials company Lafarge, Paris, France, has agreed to sell its North American Gypsum division to an affiliate of Lone Star Funds, a private equity firm based in Austin, TX. The transaction is valued at $700 million.

Lafarge North America's gypsum division manufactures gypsum wallboards and joint compounds throughout a network of plants in the United States and Canada. In 2012, these operations generated sales of $310 million.

The sale is part of Lafarge's strategy to focus on the core businesses of cement, aggregates and ready-mix concrete.  

Lafarge posted sales of €15.8 billion (US$20.7 billion) in 2012.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.