Acquiring Company
Huaxin Building Materials Ltd
Acquired Company
Holcim Philippines
Wuhan
PhilippinesManufacturingConstructionBuilding MaterialManufacturingBuilding MaterialDescription
Huaxin Building Materials Ltd. has acquired a majority stake in Holcim Philippines Inc. for over $800 million. The deal includes an initial sale of 67.623% of Holcim Philippines, with plans for future acquisitions. This acquisition will enhance Huaxin's presence in Southeast Asia and optimize Holcim's operational capacity. The transaction is pending regulatory approval and is expected to be completed by mid-2027.
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Based on deal dataFrequently asked
Who acquired Holcim Philippines?
Holcim Philippines was acquired by Huaxin Building Materials Ltd, based in Wuhan. The deal was reported on August 3, 2026. Huaxin Building Materials Ltd. is a leading construction materials company based in China. It operates in 14 countries, focusing on cement production and related products. Huaxin Building Materials Ltd is privately held and operates in Manufacturing.
When did Huaxin Building Materials Ltd acquire Holcim Philippines?
Huaxin Building Materials Ltd's acquisition of Holcim Philippines was reported on August 3, 2026. Huaxin Building Materials Ltd. has acquired a majority stake in Holcim Philippines Inc. for over $800 million. The deal includes an initial sale of 67.623% of Holcim Philippines, with plans for future acquisitions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Holcim Philippines do?
Holcim Philippines, Inc. is one of the largest cement manufacturers in the Philippines, operating several integrated cement plants and grinding facilities. It is privately held, operating in Manufacturing, and is based in Philippines.