Holcim Plans to Acquire Xella for $2.16 Billion
By Sherry Qin
Swiss building-materials supplier Holcim plans to acquire Xella for more than $2 billion to expand its building solutions business.
Holcim said in a statement Monday that aims to buy the Germany-based walling solutions company for 1.85 billion euros, equivalent to $2.16 billion, as part for its strategy to focus on growing its building solutions segment through 2030, the company said in a statement on Monday.
The company expects the transaction to close in the second half of 2026.
With its 2030 strategy, Holcim targets profitable growth in Europe, Australia and North Africa, while accelerating expansion in Latin America supported by strong fundamentals and industrialization trends. In particular, the company seeks to grow its addressable markets by expanding into high-value building solutions--from building systems to high-performance concrete.
Xella, sold to Holcim by investment firm Lone Star Fund X, provides building materials for residential, commercial and industrial projects, and owns brands such as Ytong, Silka, Hebel and Multipor.
Write to Sherry Qin at sherry.qin@wsj.com
(END) Dow Jones Newswires
October 20, 2025 01:39 ET (05:39 GMT)
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