At what enterprise value was DURO-LAST acquired in 2023?

During the acquisition of DURO-LAST by HOLCIM GROUP in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of DURO-LAST when it was acquired by HOLCIM GROUP?

The estimated EV/EBITDA multiple for DURO-LAST is in the range of 10x - 18x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

When was DURO-LAST acquired by HOLCIM GROUP?

DURO-LAST was acquired by HOLCIM GROUP in 2023.

What was the revenue of DURO-LAST at the time of the deal?

The revenue of DURO-LAST at the time of the deal is estimated to be in the range of 450M - 900M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of DURO-LAST during the acquisition?

DURO-LAST's EBITDA is estimated to be in the range of 100M - 200M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the DURO-LAST acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the DURO-LAST deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.holcim.com/media/media-releases/holcim-acquire-duro-last-roofing-systems

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Home Database Industry & ManufacturingDURO-LAST

02/2023

DURO-LAST acquired by HOLCIM GROUP

UNITED STATES Chemicals & Materials / Construction Materials EV 1b - 4b USD

Context

Holcim has successfully entered into a definitive agreement to acquire 100% of Duro-Last, a move that establishes the group as a dominant force in the North American commercial roofing market. This strategic transaction marks a significant acceleration of the group’s "Strategy 2025," aimed at expanding its Solutions & Products division to represent 30% of total group sales. The strategic rationale centers on the integration of a highly profitable, high-growth platform that complements the group’s existing building envelope portfolio through proprietary thermoplastic technology and custom-made roofing solutions. By incorporating the target’s specialized R&D capabilities and manufacturing infrastructure, the group significantly strengthens its leadership in sustainability, particularly through advanced recycling and energy-efficient roofing systems. The partnership is designed to generate substantial industrial synergies by leveraging the group’s global distribution power and the target’s strong customer relationships in the US. This integration allows for a comprehensive end-to-end service offering in the lucrative commercial refurbishment and green building sectors. This move reinforces the group’s standing as a primary consolidator in the high-margin North American industrial construction landscape.

DURO-LAST, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Industry & Manufacturing market trends

Target

Duro-Last is a specialized industrial organization dedicated to the development and manufacturing of custom-fabricated thermoplastic single-ply roofing systems. The organization’s business model is centered on a factory-controlled precision approach, utilizing proprietary technology to create highly engineered membranes that significantly reduce the need for on-site labor. Its value proposition is built on the "World’s Best Roof" concept, providing energy-efficient "cool roof" solutions that enhance the thermal performance and technical durability of commercial structures. Strategically, the firm focuses on the circular economy through an award-winning recycling program that integrates used materials back into the manufacturing lifecycle. By delivering tailor-made systems that eliminate the majority of traditional field seams, the firm ensures superior structural integrity and long-term performance. The organization operates as a critical technical partner for developers and architects seeking advanced green building certifications and high-margin refurbishment solutions.

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2022

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REFERENCES

Valuation range: EV 1b - 4b USD

Revenue range: 450M - 900M USD

EBITDA range: 100M - 200M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of DURO-LAST by HOLCIM GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: holcim group