Holcim acquires Cantillana, expanding its solutions and products
Holcim has reached an agreement to acquire Cantillana, a leading provider of specialist construction solutions based in Belgium, with an estimated net turnover of 80 million euros in 2022.
- Leading company in the field of sustainable building solutions with a net turnover (est.) of 80 million euros in 2022.
- The growth engine complements recent acquisitions of PRB, PTB and Izolbet.
- Accelerates Holcim’s growth in solutions and products to reach 30% of group net sales by 2025.
Cantillana’s extensive experience in facade construction systems and exterior thermal insulation composite systems will further strengthen Holcim’s position in building renovation and energy efficiency solutions, building on the recent acquisitions of PRB Group in France, PTB-Compaktuna in Belgium and Izolbet in Poland. With over 200 employees and nine production sites in Belgium, France, Germany and the Netherlands, Cantillana’s footprint and product portfolio will drive additional synergies across the business and accelerate growth. of Solutions & Products in Europe.
Miljan Gutovic, Head of Europe Middle East Africa Region: “I am delighted to add Cantillana to the Holcim family as another step in our Solutions and Products expansion, advancing “Strategy 2025 – Accelerating Green Growth”. This addition further strengthens our presence in Europe, particularly in building renovation and energy efficiency solutions. Building on the entrepreneurial vision of the Stadsbader family, I look forward to investing in the next era of growth for this company and warmly welcoming its employees to the Holcim family. Together we can play a bigger role in providing innovative and sustainable solutions for energy-efficient buildings. »
Cantillana is a private company based in Belgium. It is 100% owned by the Stadsbader family. Cantillana was founded in 1875 in Sint-Niklaas (Belgium) as a subsidiary of a construction company and in 1982 the company was acquired by the Stadsbader group. Cantillana’s geographic footprint is highly complementary to PRB Group, as is its product portfolio with PTB-Compaktuna.
The acquisition advances Holcim’s “Strategy 2025 – Accelerating Green Growth” with the objective of expanding its Solutions & Products business to 30% of Group net sales by 2025, entering the most attractive building segments, from roofing systems to insulation and renovation.
Read the article online at: https://www.worldcement.com/europe-cis/06072022/holcim-to-acquire-cantillana-expanding-solutions-products/