LafargeHolcim Expands Footprint in Colorado through Acquisition of Transit Mix Concrete Co.

Third acquisition in seven months adds new ready-mix and aggregate
capabilities

CHICAGO–(BUSINESS WIRE)–Today, LafargeHolcim acquired the assets of Transit Mix Concrete Co., a
leading supplier of building materials in Colorado and subsidiary of
Continental Materials Corporation, for $27 million.

LafargeHolcim takes ownership of the Transit Mix ready-mix operations
and the Daniels Sand Quarry, all of which are located in and around
Colorado Springs and Pueblo, Colorado. Transit Mix recorded adjusted
revenues of $63 million in 2017 and has more than 180 employees.

“For many years Colorado has been a dynamic and growing market, and
Transit Mix Concrete Co. has been a part of that growth. They are the
largest construction materials producer in the Southern Front Range, and
this is a great opportunity to expand our business in Colorado,” said
René Thibault, Region Head North America and Interim CEO for
LafargeHolcim’s US Aggregates & Construction Materials business. “I’d
like to welcome all Transit Mix Concrete employees to our company.”

Founded in 1945, Transit Mix Concrete Co. will continue to operate under
its current name. This is the third acquisition for LafargeHolcim in the
past seven months and the second in Colorado.

About LafargeHolcim

LafargeHolcim is the leading global building materials and solutions
company. It has four businesses: cement, aggregates and ready-mix
concrete as well as advanced solutions and products that include precast
concrete, asphalt and mortar. With its broad portfolio LafargeHolcim
solves the toughest challenges facing masons, builders, architects and
engineers, bringing industry-leading innovations and services to
customers challenged by urbanization, population growth and the demand
for sustainability. Headquartered in Switzerland and with leading
positions in all regions, LafargeHolcim employs approximately 80,000
employees in around 80 countries and has a portfolio that is equally
balanced between developing and mature markets.

In the United States, LafargeHolcim companies include close to 350 sites
in 43 states and employ 7,000 people. Our customers rely on us to help
them design and build better communities with innovative solutions that
deliver structural integrity and eco-efficiency.

Contacts

Kelly Brown, US Communications
T: +1 773 355 4404
Email: kelly.brown@lafargeholcim.com