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James Hardie sells Fermacell to Holcim for EUR 840 million
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James Hardie sells Fermacell to Holcim for EUR 840 million
  • James Hardie agreed to sell its European Fermacell walling and flooring business to Holcim for EUR 840 million in cash.
  • The divestiture includes the fermacell and Aestuver brands.
  • James Hardie plans to close its European fiber cement business, subject to employee consultation requirements.
  • About USD 600 million of proceeds earmarked for debt repayment; board authorized a USD 250 million share repurchase program.
  • Closing targeted for the first half of 2027; Fermacell to remain led by Christian Claus.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. James Hardie Industries plc published the original content used to generate this news brief via Business Wire (Ref. ID: 20260820393159) on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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