Holcim to Acquire Xella, Strengthening Its Leadership in Sustainable Building Solutions Across Europe

Holcim to Acquire Xella, Strengthening Its Leadership in Sustainable Building Solutions Across Europe

(IN BRIEF) Holcim has entered into a binding agreement to acquire Xella, a European leader in sustainable walling systems, in a deal valued at EUR 1.85 billion. Xella, which operates across 21 countries with more than 4,000 employees, offers premium brands including Ytong, Silka, Hebel, and Multipor, along with proprietary digital construction platforms. The acquisition aligns with Holcim’s NextGen Growth 2030 strategy and is expected to generate EUR 60 million in synergies by year three, being EPS accretive from the first year. The move strengthens Holcim’s portfolio of high-value building solutions and its leadership in sustainable construction across Europe.

(PRESS RELEASE) ZUG, 20-Oct-2025— /EuropaWire/ — Holcim (SWX: HOLN), a global leader in innovative and sustainable building solutions, has announced the signing of a binding agreement to acquire Xella, a leading European provider of sustainable and innovative walling systems. With projected 2025 net sales of approximately EUR 1 billion, Xella’s addition marks a major milestone in Holcim’s NextGen Growth 2030 strategy, reinforcing its position as a global partner in sustainable construction.

Based in Duisburg, Germany, Xella operates across 21 European markets and employs more than 4,000 people. The company is known for its portfolio of premium brands—Ytong, Silka, Hebel, and Multipor—which have become synonymous with energy-efficient and durable construction materials. Xella also leads in digitalization, offering advanced tools such as the blue.sprint and Building Companion platforms that optimize project planning and execution for contractors and architects alike.

Under the agreement, Holcim will acquire Xella for a transaction value of EUR 1.85 billion. The deal represents a pro forma 2026 EBITDA multiple of 8.9x, or 6.9x after achieving anticipated run-rate synergies of EUR 60 million by year three. The acquisition is expected to be earnings per share (EPS) and free cash flow accretive in its first year, while return on invested capital (ROIC) is projected to improve by the third year.

“This strategic acquisition is a milestone in our vision to be the leading partner for sustainable construction,” said Miljan Gutovic, CEO of Holcim. “Xella brings complementary capabilities and a strong portfolio that enhance our high-value Building Solutions business. Together, we will expand our presence in the EUR 12 billion-plus walling market through new cross-selling and systems-selling opportunities. I’m thrilled to welcome Xella’s 4,000 talented employees to the Holcim family.”

The transaction supports Holcim’s disciplined growth and commitment to sustainable innovation, positioning the company to further advance low-carbon and resource-efficient building systems across Europe. The acquisition remains subject to customary closing conditions and regulatory approvals, with completion expected in the second half of 2026.

SOURCE: HOLCIM