Acquiring Company
Huaxin Building Materials
Acquired Company
Holcim Group
China
ZugManufacturingBuilding MaterialManufacturingEnergyRenewable EnergyConstruction3d TechnologyBuilding MaintenanceBuilding MaterialCivil EngineeringWholesaleDescription
Holcim Group will sell its Philippines business to Huaxin Building Materials for at least $807 million. The initial sale involves a 68% stake for $527 million, with further sales expected over the next few years. This divestment aligns with Holcim's strategy to focus on other global markets and fund future acquisitions. The deal is anticipated to be finalized in the first half of 2027.
M&A Insights
Based on deal dataFrequently asked
Who acquired Holcim Group?
Holcim Group was acquired by Huaxin Building Materials, based in China. The deal was reported on August 2, 2026. Huaxin Building Materials is a prominent cement manufacturing company based in China. It specializes in producing a variety of cement products, contributing to infrastructure and industrial projects. Huaxin Building Materials is privately held and operates in Manufacturing.
When did Huaxin Building Materials acquire Holcim Group?
Huaxin Building Materials's acquisition of Holcim Group was reported on August 2, 2026. Holcim Group will sell its Philippines business to Huaxin Building Materials for at least $807 million. The initial sale involves a 68% stake for $527 million, with further sales expected over the next few years. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Holcim Group do?
Holcim Group is a Swiss multinational company specializing in building materials and aggregates. It operates worldwide, providing innovative construction solutions. The company has been reshaping its business focus since divesting North American operations. It is privately held, operating in Manufacturing, and is based in Zug.