World No. 2 cement maker Holcim is set to win EU antitrust approval for its 1.85 billion euro ($2.15 billion) acquisition of German walling systems maker Xella after offering to divest a Romanian business to address competition concerns, people with direct knowledge of the matter said.
The deal, announced in October last year, will help Holcim diversify its business into the growing European refurbishment market worth around 250 billion euros a year.
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Holcim last month put in an offer to sell some assets to the Eur… [1102 chars]
Source: Reuters | Published: 2026-06-01T14:55:05Z
Credit: Reuters
