# Xella signs contract to buy URSA from KKR

Xella International GmbH signed a contract with investment firm KKR to acquire URSA, a building materials company. The sale is subject to regulatory approval and expected to close before end of 2017.

- Type: Acquisition
- Announced: 2017-08-18
- Status: announced
- Products: insulation materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [KKR](https://endata.com/companies/16879.md) (partner)
- [Xella International GmbH](https://endata.com/companies/26352.md) (acquirer)
- [URSA](https://endata.com/companies/26353.md) (target)

## Sources

- [buildersmerchantsnews.co.uk](https://www.buildersmerchantsnews.co.uk/news/merchants/ursa-owner-leading-building-materials-provider-xella-signed-contract-kkr), 2017-08-18: "Xella International GmbH has signed a contract with the investment firm KKR to buy URSA."

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