Holcim wins EU approval for 1.85 billion euro Xella deal
Holcim has secured EU antitrust approval for its 1.85 billion euro purchase of Xella. The company agreed to sell its Romanian plant to meet competition rules.
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HOLCIM LTD secured conditional EU antitrust approval on Friday afternoon for its €1.85 billion acquisition of German walling systems manufacturer Xella. The deal represents a major pivot for the world’s second-largest cement maker into the €250 billion European refurbishment market. Investors are tracking the integration as Holcim shifts toward higher-margin, energy-efficient building materials to drive long-term growth.
