Holcim to Acquire Xella in €1.85 Billion Deal
October 23, 2025
Holcim has signed a binding agreement to acquire Xella, a leading European provider of sustainable and innovative walling systems, in a €1.85 billion transaction. The deal is intended to strengthen Holcim’s Building Solutions segment by integrating Xella’s product suite and digital technology platforms, with completion anticipated in the second half of 2026.
- Buyers
- Holcim
- Targets
- Xella
- Industry
- Building Products
- Location
- Germany
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Holcim Acquires OX Engineered Products
October 8, 2024
Building Products
Holcim has acquired OX Engineered Products from Wind Point Partners. Headquartered in Michigan, OX manufactures integrated structural sheathing and thermal insulation products for residential and commercial building envelopes; Wind Point acquired OX in 2018 and helped scale the business prior to the sale.
-
Holcim Acquires ZinCo to Advance Green Roofing Systems
February 7, 2024
Building Products
Holcim has acquired ZinCo, a Germany-based leader in advanced green roofing systems, to expand its sustainable roofing and building envelope solutions. The acquisition strengthens Holcim's Solutions & Products strategy by adding ZinCo's integrated green and solar roofing systems and global network across architects, developers, distributors and contractors.
-
Holcim Acquires SES Foam
June 22, 2022
Building Products
Holcim has agreed to acquire SES Foam (SES Foam LLC), the largest independent spray-foam insulation company in the United States, expanding Holcim’s Solutions & Products roofing and insulation business. The deal, which closed July 29, 2022, was a sale by Tenex Capital Management and brings SES’s sustainable, bio-based spray-foam capabilities and ~USD 200m 2022 net sales into Holcim’s portfolio to support its Strategy 2025 growth objectives.
-
Henkel to Acquire Stahl Group for €2.1 Billion
February 5, 2026
Manufacturing
Henkel has agreed to acquire Stahl Group, a Dutch specialty coatings company, for €2.1 billion. The deal is intended to expand Henkel Adhesive Technologies into the adjacent specialty coatings category and leverage Stahl’s R&D and customization capabilities. The transaction is subject to regulatory approvals and other customary closing conditions.
-
ENERGO-PRO Acquires Xallas Electricidad y Aleaciones (Xeal) and Feroe from Sixth Street
October 4, 2023
Renewable Energy
Czech independent power producer ENERGO-PRO has acquired 100% of the share capital of Xallas Electricidad y Aleaciones, S.A.U. (Xeal) and Feroe Ventures & Investments S.L.U. from Sixth Street. The deal, financed in part with a EUR 300 million bridge loan from J.P. Morgan and Goldman Sachs, adds ten hydropower plants (167 MW) and two ferroalloy plants in Galicia and secures a pumped-storage concession pipeline to ENERGO-PRO.
-
Xylem Acquires Evoqua in $7.5 Billion All-Stock Transaction
May 24, 2023
Healthcare Services
Xylem (NYSE: XYL) completed its acquisition of Evoqua Water Technologies Corp. (NYSE: AQUA) in an all-stock transaction valued at approximately $7.5 billion. The deal combines Xylem’s water technology portfolio with Evoqua’s mission-critical water treatment solutions and services to create a scaled global platform serving utilities and industrial/commercial end markets.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.