# 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.

- Type: Acquisition
- Announced: 2018-03-09
- Where: Duisburg, Germany, Germany
- Value: $2.15B
- Status: announced
- Products: walling systems, Ytong, Silka, Hebel, Multipor
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

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

## Sources

- [tradearabia.com](https://www.tradearabia.com/News/329660/Holcim-buys-German-walling-system-specialist-for-%242.15bn), 2018-03-09: "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."

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