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HOLCIM ACQUIRES INDAR TO STRENGTHEN RETAIL OFFERING IN MEXICO

by Barbara
March 14, 2023
A A
  • Leading hardware wholesaler with net sales of USD 71 million
  • Expands Disensa offering with over 10,000 products in roofing, adhesives, tools and more

Holcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of USD 71 million. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing needs to tools and adhesives all the way to electrical and plumbing supplies. The acquisition includes INDAR’s nine distribution centers around the country, as well as its fulfillment center in Guadalajara.

Oliver Osswald, Region Head Latin America: “INDAR’s broad range of hardware products strengthens our entire Disensa network of over 2,000 stores across Latin America. 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. I look forward to welcoming INDAR’s 420 employees into the Holcim family as we reach our next era of growth together.”

INDAR has been a leader in hardware in midwestern Mexico for 35 years. As part of Holcim, the company will broaden the Disensa sales offer, as well as open an additional online sales channel for Holcim’s bagged cement, including ECOPlanet low-carbon cement, as well as other Holcim products such as Gacoflex roofing.

This acquisition advances Holcim’s “Strategy 2025 – Accelerating Green Growth” with the goal to expand its Solutions & Products business to 30% of Group net sales by 2025, entering the most attractive construction segments, from roofing and insulation to repair and refurbishment.

Tags: < Invest | M&A
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