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finanznachrichten.de

www.finanznachrichten.de · · DE

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68810255 lone star funds completes sale of xella to holcim 004

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Executive Summary

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Lone Star Funds announced the completion of the sale of Xella Group, a major provider of walling solutions, to Holcim. This transaction marks the end of Lone Star's ownership period, during which time Xella reportedly strengthened its market position and sustainability efforts. Donald Quintin, CEO of Lone Star, expressed pride in Xella's accomplishments and thanked the organization for their contributions.

Key Insights

  • Lone Star Funds completed selling Xella Group to Holcim, a leading sustainable construction partner.
  • Xella specializes in providing efficient and sustainable walling solutions using brands like Ytong and Hebel.
  • The sale concludes Lone Star's ownership, which saw Xella enhance its operational capabilities and sustainability initiatives.
  • Lone Star emphasized that it supported significant investments to position the company for long-term growth.

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