Firestone Building Products Company LLC (“Firestone”) announced that it has reached a definitive agreement to acquire Gaco Western (“Gaco”), a leader in innovative silicone roofing systems and provider of top-tier waterproofing and spray foam insulation solutions for a variety of commercial, and residential applications. The acquisition strengthens Firestone’s industry leadership in commercial roofing and offers positions in residential and commercial building products, reinforcing its commitment to be a leader in the building envelope solution. Firestone Building Products is part of Bridgestone Americas, the largest subsidiary of Bridgestone Corporation, the world’s largest tire and rubber company.
“This acquisition supports our strategic plan to penetrate high-growth adjacent product segments,” said Tim Dunn, president of Firestone Building Products. “Adding Gaco’s product portfolio will expand our offering, broaden our customer base, and reaffirm our commitment to being a total solutions provider. We are now also in a position to better capitalize on rapidly growing demand for liquid coating products and are excited about the opportunity to unearth the long-term value that exists in the combination of the two businesses.”
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