OTS - Xella successfully completes sale of URSA
2022. June 01. 13:06
Duisburg, 1 June, 2022 (APA/OTS) - Sale of insulation business
is an important step to focus on building materials solutions -
Xella is ideally positioned in a rapidly changing industry
Xella Group, a leading European building materials provider of
sustainable, efficient, and affordable walling solutions, today
announced that it has successfully completed the sale of its
insulation business URSA to Etex. The transaction closed today with
the approval of relevant authorities and includes 13 production
sites. URSA is a European leader in extruded polystyrene (XPS) and
featuring among the top three producers for glass mineral wool.
Financial details of the transaction were not disclosed.
Christophe Clemente, CEO of Xella, comments: "With this
portfolio simplification, Xella makes an important step to focus
its resources on the development of building materials solutions.
With our complementary product types, autoclaved aerated concrete
and calcium silicate products, we aim to strengthen our position as
a leading European supplier of masonry solutions. I warmly thank
the URSA teams for their achievements during the successful past
years within Xella Group and wish them a bright future with Etex."
Bernard Delvaux, CEO of Etex, adds: "With the acquisition of
URSA we continue to become a global leader in lightweight and
modular construction. This acquisition is a perfect fit for Etex,
combining a new growth platform with a strong focus on
sustainability. I warmly welcome more than 1,700 URSA employees and
look forward to continuing the success story together."
Over the past few years, Xella developed from a pure
manufacturer of building and insulation materials into a
customer-oriented solution provider for the entire building
envelope. The company strives to provide energy-efficient,
sustainable, and cost efficient residential and commercial
buildings solutions. This positions Xella to serve a rapidly
changing industry, which is increasingly characterized by the
demand for efficient, less labor intensive and sustainable
construction.
About Xella Group
The Xella Group is a European provider of efficient and
sustainable walling solutions for the entire house shell. Xella is
home of well-known brands such as Ytong, Silka, Hebel and Multipor
and a pioneer in digitally supported construction processes. Our
high-performing products based on natural raw materials address the
need for efficient construction and the demand for sustainable
building solutions. The group drives innovation along the entire
value chain from planning to production and installation. Xella
improves the sustainability of buildings throughout their entire
lifecycle and contributes to a low carbon industry compatible with
a circular economy. Headquartered in Duisburg, Germany, the Xella
Group excluding URSA generated, with more than 5,300 employees,
sales of around € 1.2 billion in 2021.
For more information on Xella Group, visit: www.xella.com
Contact
Xella International GmbH
Cécile Fages
Chief Sustainability and Communications Officer
Düsseldorfer Landstraße 395
47259 Duisburg, Germany
Phone: +49 (0)203 60880 5500
Mobile: +49 (0)160 99055743
E-Mail: cecile.fages@xella.com
Agnes Dittmar
Group Communication Lead
Düsseldorfer Landstraße 395
47259 Duisburg, Germany
Phone: +49 (0) 203 60880 5516
Email: agnes.dittmar@xella.com
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