on LAFARGEHOLCIM LTD (EPA:LHN)
Holcim Completes Acquisition of Xella
Holcim has finalized its acquisition of Xella, a significant player in the European walling market, with projected 2026 net sales of EUR 1 billion. This acquisition enhances Holcim's building solutions portfolio. Notable brands now include Ytong, Hebel, Silka, and Multipor, which cover both new builds and energy-efficient refurbishment markets.
This strategic move aligns with Holcim’s NextGen Growth 2030 strategy, aiming to make Holcim a leader in sustainable construction. The integration is expected to deliver EBITDA synergies of EUR 60 million by the third year and is projected to be earnings per share accretive within the first year.
Holcim's CEO, Miljan Gutovic, emphasized that this acquisition will boost the company's offerings in circularity and energy-efficient design. Xella, headquartered in Duisburg, strengthens Holcim's presence with over 4,000 employees across 22 European markets.
R. H.
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