Expansion in the area of wall solutions
Holcim has reached an agreement to acquire Xella. The pan-European wall systems group is to complement the Zug-based building materials group's portfolio. The transaction value is 1.85 billion euros.
Holcim AG acquires Xella International GmbH. The Duisburg-based group, which operates throughout Europe, specialises in building materials, insulating materials and services for the building envelope. With this acquisition, Holcim intends to expand its own portfolio with Xella’s complementary offering, the Zug-based building materials group explained in a press release.
“This strategic acquisition is a milestone in our vision to be the leading partner for sustainable construction and accelerates the expansion of our high value-added Building Solutions business in line with our NextGen Growth 2030 strategy,” Holcim CEO Miljan Gutovic is quoted as saying. “By complementing our offering in the highly attractive market for wall solutions with a volume of more than 12 billion euros, Xella will open up cross-selling and system sales opportunities for us.” The transaction value is estimated at 1.85 billion euros in the press release. The acquisition is expected to be completed in the second half of 2026.