Holcim has signed a binding agreement to acquire Xella, a European leader in sustainable and innovative walling systems with projected 2025 net sales of around EUR 1 billion. Xella is home to premium sustainable brands such as Ytong, Silka, Hebel and Multipor and a pioneer in digitally supported construction processes with proprietary platforms blue.sprint and Building Companion. Headquartered in Duisburg, Germany, the company has more than 4,000 employees, and is present in 21 of Europe’s most attractive markets.
Miljan Gutovic, Holcim CEO: "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. Xella will add to our customer offering in the highly attractive EUR 12 billion+ walling market, with cross-selling and systems-selling opportunities. I look forward to welcoming Xella’s 4,000 employees.”
The transaction value of EUR 1.85 billion represents a pro forma 2026 EBITDA multiple of 8.9x, or 6.9x after run-rate synergies of EUR 60 million realized in year three. It is earnings per share (EPS) and free cash flow accretive in year one and return on invested capital (ROIC) accretive in year three.
The transaction is in line with Holcim’s commitment to financial discipline and growth-focused capital allocation. It is subject to customary conditions and regulatory clearances, and expected to close in H2 2026.
During the meeting, discussions also focused on the initiatives undertaken by Greece, both at the national and European level, for the protection of minors on the internet and the fight against...
The national defence ministry's bill for the " Approval of the draft contracts in the field of defence for the amendment of contracts 016B/21 and 017B/21 concerning the procurement of FDI HN-type...
Police officers of the Northern Greece Organised Crime Unit on Friday announced the arrest of 13 Turkish nationals in the Soufli area of Evros, after they were found in possession of 147 pistols and...
The population of the country decreased further in 2024 - by the equivalent of an entire town, or 58,449 people - as deaths once again outnumbered births. At the same time, marriages declined, while...
Demand for holiday homes and investment opportunities on the islands comes not only from within Greece but also from international buyers, who see Greece as one of the most attractive destinations...
