Holcim has entered into an agreement to acquire Cantillana, a specialty building solutions provider based in Belgium with 2022 estimated net sales of €80m.
Building materials provider Holcim says Cantillana’s extensive experience in façade construction systems and external thermal insulation composite systems will further strengthen its own position in building renovation and energy efficiency solutions.
Holcim adds that the move builds on its recent acquisitions of PRB Group in France, PTB-Compaktuna in Belgium and Izolbet in Poland.
Cantillana has more than 200 employees and nine production facilities across Belgium, France, Germany and the Netherlands. Holcim says the Belgian company’s footprint and product portfolio will generate additional synergies across its own business and accelerate growth of solutions & products in Europe.
Miljan Gutovic, Holcim region head Europe Middle East Africa, said: “This addition strengthens our presence in Europe even further, especially in building renovation and energy efficiency solutions. Building on the entrepreneurial vision of the Stadsbader family, I look forward to investing in this business’ next era of growth and warmly welcoming their employees into the Holcim family. Together we can play a bigger role in providing innovative and sustainable solutions for energy-efficient buildings.”
Cantillana is a privately held company and is 100% owned by the Stadsbader family. It was founded in 1875 in Sint-Niklaas (Belgium) as a branch of a construction company and in 1982 the company was acquired by the Stadsbader Group.
Holcim says the acquisition further advances its “Strategy 2025 – Accelerating Green Growth” with the goal to expand its solutions & products business to 30% of group net sales by 2025, entering the most attractive construction segments, from roofing systems to insulation and renovation.
