Categories: India

Holcim agrees 1.85 billion euro deal to buy walling specialist Xella

ZURICH, Oct 20 (Reuters) – Holcim has agreed a 1.85 billion euro ($2.16 billion) deal to buy German walling systems maker Xella, the building materials company said on Monday. Based in Duisburg, Germany, Xella has more than 4,000 employees, and is present in 21 of Europe’s most attractive markets, Holcim said. ($1 = 0.8570 euros) (Reporting by John Revill, editing by Kirsti Knolle)

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