Holcim Ltd (SWX:HOLN) agreed to acquire Cooper Standard Technical Rubber Gmbh from Cooper-Standard Holdings Inc. (NYSE:CPS) in the second quarter of 2023. Terms of the sale were not disclosed. Holcim will continue CSTR`s existing business activities and serve its existing customer base while expanding its business under the new name of Holcim Technical Solutions & Products GmbH.

Holcim Ltd (SWX:HOLN) completed the acquisition of Cooper Standard Technical Rubber Gmbh from Cooper-Standard Holdings Inc. (NYSE:CPS) for $15.7 million on August 2, 2023.