Holcim acquires Xella for $2.15 billion

Holcim signed a binding agreement to acquire Xella, a German walling systems specialist, for €1.85 billion ($2.15 billion). Xella has net sales of about €1 billion and 4,000 employees across 21 European markets.

“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.”tradearabia.com

• 1 source
• tradearabia.comHolcim buys German walling system specialist for $2.15bnZUG (SwitzerlandMar 9, 2018

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