POELLATH advises Xella on sale to Holcim

Swiss building materials group Holcim has acquired the Xella Group (“Xella”), a leading pro-vider of wall building systems in the European market, from its previous owner Lone Star Funds. Through the transaction, Holcim further expands its Building Solutions business and enhances its portfolio with sustainable and modular wall building systems. The acquisition forms part of Holcim’s strategic “NextGen Growth 2030” agenda, which is aimed at further strengthening the company’s position in sustainable building materials and construction solu-tions. Under its new ownership, Xella will continue to operate under its established brands and with its existing organizational structure.

Headquartered in Duisburg, Germany, Xella is one of Europe’s leading providers of wall build-ing systems. Its product portfolio includes the well-known brands Ytong, Hebel, Silka and Multipor, which are widely used in both new construction projects and energy-efficient build-ing renovations. The company employs more than 4,000 people and operates across 22 Eu-ropean markets.

Holcim is a global leader in innovative and sustainable building solutions, covering the entire construction value chain from infrastructure and industrial applications to residential and commercial buildings. Headquartered in Zug, Switzerland, the company employs more than 45,000 people and operates in 43 markets across Europe, Latin America, Asia, the Middle East and Africa.

POELLATH provided legal advice to Xella on a management participation program in connec-tion with the acquisition, with the following Munich-based team:

• Dr. Benedikt Hohaus (partner, management participation, M&A/PE)
• Natalie Tafelski (associate, management participation, M&A/PE)