Swiss building materials group Holcim is on the verge of EU approval for its takeover of German building materials manufacturer Xella. The clearance from the EU Commission is expected later this week. Xella produces, among other things, aerated concrete blocks under the Ytong brand and calcium silicate bricks. With the deal, Holcim aims to expand its portfolio beyond cement and push further into the lightweight construction sector.
This article was created with AI assistance and editorially reviewed.
