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Holcim Wins EU Approval for Xella Acquisition Following Romanian Divestment

By  |  June 14, 2026
Holcim Wins EU Approval for Xella Acquisition Following Romanian Divestment

World No. 2 cement producer Holcim has received approval from European Union antitrust regulators to proceed with its planned acquisition of German walling systems manufacturer Xella, after agreeing to divest part of its operations in Romania.

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    The European Commission announced on Friday that it had cleared the €1.85 billion ($2.1 billion) transaction after Holcim offered remedies designed to address competition concerns. According to Reuters, the Swiss building materials company committed to selling a Romanian business as part of the approval process.

    Holcim first unveiled the deal in October last year as it sought to expand beyond its traditional cement operations and strengthen its position in higher-growth segments of the construction industry. Per Reuters, the acquisition aligns with the company’s broader strategy of increasing its exposure to Europe’s refurbishment market, which is estimated to be worth approximately 250 billion euros annually.

    The move underscores Holcim’s efforts to diversify its portfolio by focusing on products and services tied to renovation and energy-efficiency upgrades, areas expected to benefit from long-term demand across the region. According to Reuters, the Xella acquisition represents another step in the company’s transition toward solutions geared to the evolving needs of the European construction sector.

    The European Commission said the deal could move forward following Holcim’s commitment to dispose of the Romanian business, removing the obstacles that had prompted regulatory scrutiny of the transaction.
    Source: Reuters