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Finance

Holcim CEO says company working on bigger acquisitions

Published by Global Banking and Finance Review

Posted on October 20, 2025

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ZURICH (Reuters) -Holcim could make other larger acquisitions after the building materials company on Monday bought German walling specialist Xella for 1.85 billion euros ($2.16 billion), said Chief Executive Miljan Gutovic.

"We have a healthy pipeline of deals, but we always follow strict financial discipline. If you’re talking about a big deal with a company with revenue of 400 or 500 million, we could do that," Gutovic told Reuters.

"We are working on other big deals, which could be coming in the next few months," he added.

(Reporting by John Revill; Editing by Kirsten Donovan)