Gibson Dunn Advised Lone Star on €1.85 Billion Sale of Xella to Holcim
Firm News | July 10, 2026
Gibson Dunn advised Lone Star on the €1.85 billion sale of Xella, a European leader in sustainable and innovative walling systems headquartered in Germany, to Holcim, the Swiss-listed leader in sustainable construction.
The deal was a collaborative, cross-border effort by Gibson Dunn colleagues in the firm’s London and Frankfurt offices. The transaction was led by partners Mark Sperotto and Dirk Oberbracht, with support from Tom Barker, Andreas Rief, and Vladimir Konchakov. Benjamin Fryer and Sarah Johnson advised on tax aspects. Cassie Aprile and Stephanie Collins advised on the bifurcation of the governing law and dispute resolution mechanism in the sale and purchase agreement.
Read the press release here.