Holcim agrees to sell 68% stake in Philippines business to Huaxin for USD 527 million

2. Aug 2026

Description

(AWP Alliance News) - Holcim signed an agreement with Huaxin Building Materials to divest its Philippines business in a deal valued at USD 807 million. The transaction starts with the sale of a 67.62% stake for USD 527 million. Holcim's remaining roughly 31% stake is set to be exited within three to five years, backed by a floor price of USD 280 million. The majority-stake sale is expected to close in the first half of 2027.

https://www.publicnow.com/view/2D74BC0B2701B6AD52F5B410CAEB4470BA110987…

Disclaimer: This news brief was created using generative artificial intelligence. Holcim AG published the original content used to generate this news brief via EQS News on August 02, 2026, and is solely responsible for the information contained therein.