Holcim has confirmed it will acquire Xella following a binding agreement being signed between the two companies.
The deal expands Holcim’s presence in Europe with Xella, which specialises in walling systems, employing more than 4000 people and operating in 21 European markets. Xella is strongly positioned with “projected 2025 net sales of around EUR 1 billion” as it includes several brands including Ytong, Silka, Hebel and Multipor.
“This strategic acquisition is a milestone in our vision to be the leading partner for sustainable construction, accelerating Holcim’s high-value Building Solutions in line with our NextGen Growth 2030 strategy. Xella will add to our customer offering in the highly attractive EUR 12 billion+ walling market, with cross-selling and systems-selling opportunities. I look forward to welcoming Xella’s 4000 employees,” Holcim chief executive officer Miljan Gutovic said.
The transaction, according to Holcim, is valued at EUR 1.85 billion and subject to closing conditions with an estimated closure in the second half of 2026.
