Finance
Holcim CEO says company working on bigger acquisitions
Published by Global Banking and Finance Review
Posted on October 20, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 20, 2025
1 min readLast updated: January 21, 2026
Holcim CEO Miljan Gutovic discusses plans for larger acquisitions after purchasing Xella, emphasizing financial discipline.
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)
An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.
Financial discipline refers to the ability to manage finances responsibly, ensuring that spending aligns with a budget and financial goals.
Corporate strategy is the overarching plan that guides a company's decisions on resource allocation, business operations, and growth initiatives.
Investment is the act of allocating resources, usually money, in order to generate income or profit over time.
A pipeline of deals refers to a list of potential business transactions that a company is considering or negotiating.
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