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Holcim to Boost Market Position with €1.85 Billion Xella Acquisition
Holcim has announced a significant acquisition of Xella for €1.85 billion, enhancing its position in the sustainable walling market, particularly in Europe.
- Holcim, based in Switzerland, has signed a binding agreement to acquire Xella, a leader in sustainable walling systems headquartered in Germany, for €1.85 billion.
- Xella anticipates net sales of approximately €1 billion by 2025 within the €12 billion+ walling market, reinforcing Holcims strategic growth plans.
- The acquisition will integrate Xellas 4,000+ employees and operations across 21 European markets, bolstering Holcims presence in Europe.
Por Qué Es Relevante
This acquisition underlines Holcims commitment to sustainability and expansion in the construction sector, particularly in Europe, where demand for eco-friendly building solutions is rapidly increasing.