Holcim has entered into an agreement to acquire Cantillana, a leading specialty building solutions provider based in Belgium with 2022 estimated net sales of €80 million.
- Leading sustainable building solutions company with 2022 net sales (est.) of €80 million.
- Growth engine complements recent acquisitions of PRB, PTB, and Izolbet.
- Accelerates Holcim’s growth in Solutions & Products to reach 30% of Group net sales by 2025.
Cantillana’s extensive experience in façade construction systems and external 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 more than 200 employees and nine production facilities across Belgium, France, Germany and the Netherlands, Cantillana’s footprint and product portfolio will generate additional synergies across the business and accelerate growth of Solutions & Products in Europe.
Miljan Gutovic, Region Head Europe Middle East Africa: “I am excited to add Cantillana to the Holcim family as another step in our expansion of Solutions & Products, advancing ‘Strategy 2025 – Accelerating Green Growth’. This addition strengthens our presence in Europe even further, especially in building renovation and energy efficiency solutions. Building on the entrepreneurial vision of the Stadsbader family, I look forward to investing in this business’ next era of growth and warmly welcoming their employees into the Holcim family. Together we can play a bigger role in providing innovative and sustainable solutions for energy-efficient buildings.”
Cantillana is a privately held company based in Belgium. It is 100% owned by the Stadsbader family. Cantillana was founded in 1875 in Sint-Niklaas (Belgium) as a branch of a construction company and in 1982 the Company was acquired by the Stadsbader Group. Cantillana’s geographical footprint is highly complementary to PRB Group, as is its product portfolio with PTB-Compaktuna.
The acquisition further advances Holcim’s “Strategy 2025 – Accelerating Green Growth” with the goal to expand its Solutions & Products business to 30% of Group net sales by 2025, entering the most attractive construction 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/