# Holcim to acquire Cantillana, a Belgian specialty building solutions provider

Holcim has agreed to acquire Cantillana, a Belgian specialty building solutions provider with estimated 2022 net sales of EUR 80 million, to expand its Solutions & Products business in Europe.

- Type: Acquisition
- Announced: 2022-07-04
- Where: Belgium
- Value: $82.0M (80.0M EUR)
- Jobs: 200
- Status: announced
- Products: façade construction systems, external thermal insulation composite systems
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Holcim](https://endata.com/companies/15354.md) (acquirer)
- [Illinois Tool Works](https://endata.com/companies/21716.md) (target)
- [Cantillana](https://endata.com/companies/63928.md) (target)

## Sources

- [holcim.com](https://www.holcim.com/media/media-releases/holcim-to-acquire-cantillana), 2022-07-04: "Holcim has entered into an agreement to acquire Cantillana, a leading specialty building solutions provider based in Belgium"
- [globalcement.com](https://www.globalcement.com/news?start=5660), 2022-07-06: "Holcim says that the move is in line with its Strategy 2025 - Accelerating Green Growth target of expanding its solutions and products unit to 30% of group sales."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=18), 2022-08-12: "Holcim has completed the acquisition of the Polymers Sealants North America (PSNA) division of Illinois Tool Works."

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