Holcim acquires Xella for €1.85 billion to strengthen product portfolio
2026-06-21 16:28
Favorite

en.Wedoany.com Reported - Holcim has completed the acquisition of Xella for approximately €1.85 billion. The acquisition enhances the multinational company's capabilities in building solutions. Through this transaction, Holcim adds premium brands such as Ytong, Hebel, Silka, and Multipor to its portfolio, along with over 4,000 new employees across 22 European markets.

Holcim

Holcim CEO Miljan Gutovic stated that by acquiring leading brands such as Ytong, Hebel, Silka, and Multipor into its high-value building solutions portfolio, the company can offer customers fully integrated, sustainable, and innovative wall systems. Gutovic noted that this enhances Holcim's specification sales capabilities in modern sustainable construction, covering circular economy, energy-efficient renovation, smart design, and modular construction.

Holcim first announced its intention to acquire the wall systems specialist in October 2025, with the transaction valuing Xella at approximately €1.85 billion at the time. Xella CEO Donald Quinn said that reaching an agreement with Holcim validates Xella's efforts to solidify its position as a leader in wall solutions. Quinn believes that since first collaborating with Xella, the business has focused on product improvement, accelerated innovation, and realigned operations to drive performance, and based on the established platform, the business has promising prospects.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com