# Holcim to acquire Xella from Lone Star for €1.85 billion

Lone Star Funds announced the signing of a binding agreement to sell Xella Group, a provider of walling solutions, to Holcim. The transaction values Xella at approximately €1.85 billion and is expected to close in H2 2026.

- Type: Acquisition
- Announced: 2025-10-20
- Where: Duisburg, Germany, Germany
- Value: $2.00B (1.85B EUR)
- Jobs: 4,000
- Status: announced
- Products: walling solutions, Ytong, Silka, Hebel, Multipor
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lone Star Funds](https://endata.com/companies/8698.md) (partner)
- [Holcim](https://endata.com/companies/15354.md) (acquirer)
- [Xella Group](https://endata.com/companies/24464.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20251019866308/en/Lone-Star-Announces-Sale-of-Xella-to-Holcim), 2025-10-20: "We are very pleased to reach this agreement with Holcim as it is a validation of the incredible work that Xella has undertaken to further establish itself as a leader in walling solutions."
- [law360.com](https://www.law360.com/amp/articles/2401232), 2025-10-20: "Holcim said Monday it has agreed to acquire Xella Group, a German walling and insulation company, for €1.85 billion ($2 billion)."
- [cemnet.com](https://www.cemnet.com/News/story/180142/holcim-to-buy-xella-for-eur1-85bn.html), 2025-10-27: "Holcim has signed a binding takeover agreement with Germany-based building and insulation company Xella to acquire the latter for EUR1.85bn."
- [enr.com](https://www.enr.com/articles/61762-holcim-snaps-up-german-wall-systems-manufacturer-in-216b-deal), 2025-10-27: "This strategic acquisition is a milestone in our vision to be the leading partner for sustainable construction."
- [cij.world](https://cij.world/holcim-signs-an-agreement-to-take-over-xella/), 2025-11-06: "The Swiss group Holcim has signed an agreement to take over Xella, a construction materials company also present in Romania, with factories in Prahova, Bihor, Gorj and Hunedoara counties, with the transaction set to be completed in the second half of 2026."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.