# Huaxin Cement to acquire majority stake in Holcim Philippines

Huaxin Cement, through its subsidiary Huaxin Zhongya Investment (Wuhan), signed an agreement to acquire 67.623% of Holcim Philippines Inc. for approximately USD 527 million, with an option to acquire the remaining 31.377% after three years.

- Type: Acquisition
- Announced: 2026-08-01
- Where: Philippines
- Value: $527.0M
- Status: announced
- Capacity: 5.2 million tonnes clinker per year, 9 million tonnes cement per year
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Huaxin Cement](https://endata.com/companies/16152.md) (acquirer)
- [Holcim Philippines](https://endata.com/companies/25852.md) (target)
- [Holderfin BV](https://endata.com/companies/26120.md) (partner)
- [Huaxin Zhongya Investment (Wuhan)](https://endata.com/companies/93294.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1475004.html), 2026-08-02: "于2026年8月1日，买方华新中亚投资(武汉)有限公司与卖方Holderfin B.V.签署《股权收购协议》。"

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