Xella
Entry
2008
Hold
9yr
Exit
2017
Who owns Xella?
Xella is a German Construction company, now owned by Lone Star, which acquired it in 2017 from PAI Partners.
Hand-verified · updated 2026-04-21
Open JSON · CC-BYMost recent investor
PAI PartnersPAI Europe V · 2008 · Buyout
2 ownership periods · full history below
Key facts
HQGermany
SectorConstruction
Ownership history
1 ownership period · 1 lender on file
Exited
Last exited in 2017 to Lone Star.
PAI PartnersExited 2017
2008 · 2017(9yr) · PAI Europe V · 2008 · Buyout
Secondary · to Lone Star
PAI Partners sold Xella to Lone Star in 2017 after 9 years.
CIC Private DebtLender
2021 · present(5yr) · CM-CIC Debt Fund 3 · 2019 · Private Debt
More from PAI Europe V
Other portfolio companies in the same fund.
ADB Airfield Solutions
Active
Aerospace & Defence
France· 2013
ADB Safegate
Exited 2017
Aerospace & Defence
Belgium· 2013
to Carlyle
Froneri
Exited 2019
Consumer
UK· 2013
to Goldman Sachs (continuation vehicle)
IPH
Exited 2017
Industrials
France· 2013
to Advent International
Marcolin
Exited 2019
Consumer
Italy· 2012
to PAI Strategic Partnerships
Hunkemoller
Exited 2016
Consumer
Netherlands· 2011
to Carlyle
More PE-backed in Construction
Comparable construction deals from other GPs.
Questions
Who owns Xella?
Xella is now owned by Lone Star, which acquired it in 2017 from PAI Partners.
When did Lone Star acquire Xella?
Lone Star acquired Xella in 2017, buying from PAI Partners.
Who did Xella sell to?
PAI Partners sold Xella to Lone Star in 2017 (Secondary).
Who has owned Xella over time?
Xella has been through 2 private-equity ownership periods: PAI Partners · via PAI Europe V · 2008–2017 · sold to Lone Star · (Secondary); CIC Private Debt · via CM-CIC Debt Fund 3 · 2021–2017.
Look up another firm or company
Data refreshed weekly · Sourced from public filings · Report an issue