ZURICH (Reuters) -Holcim could make other larger acquisitions after the building materials company on Monday bought German walling specialist Xella for 1.85 billion euros ($2.16 billion), said Chief
Holcim CEO says company working on bigger acquisitions
Holcim's Acquisition Strategy
ZURICH (Reuters) -Holcim could make other larger acquisitions after the building materials company on Monday bought German walling specialist Xella for 1.85 billion euros ($2.16 billion), said Chief Executive Miljan Gutovic.
Recent Acquisition of Xella
"We have a healthy pipeline of deals, but we always follow strict financial discipline. If you’re talking about a big deal with a company with revenue of 400 or 500 million, we could do that," Gutovic told Reuters.
Future Acquisition Plans
"We are working on other big deals, which could be coming in the next few months," he added.
Financial Discipline in Deal-Making
(Reporting by John Revill; Editing by Kirsten Donovan)
