Fermacell acquired by HOLCIM GROUP

Holcim has entered into a definitive agreement to acquire 100% of Fermacell from building products manufacturer James Hardie Industries, based on an enterprise transaction value of . The cross-border acquisition aligns with the vendor's strategic exit from the European continent, which includes closing its remaining regional fiber-cement operations while allocating roughly two-thirds of the divestment proceeds to debt reduction alongside a share repurchase program. For the 2026 financial year, the target business projects net sales of , constituting the dominant share of James Hardie's European operating turnover. The acquired perimeter encompasses 1,000 employees, six manufacturing plants, and established commercial operations across 13 European countries. Under chief executive Miljan Gutovic, Holcim integrates product brands fermacell and Aestuver into its high-value Building Solutions division, complementing walling and insulation labels Ytong, Silka, Hebel, and Multipor acquired through its buyout of German materials group Xella completed the prior year. The operating plan targets run-rate EBITDA synergies of €22 million by the third year of ownership, delivering earnings per share (EPS) accretion within the initial twelve months following closing. The transaction expands Holcim's dry construction and mass timber offerings through waterless site installation systems. Subject to works council consultations and customary regulatory clearances across relevant jurisdictions, closing of the ownership transfer is anticipated in the first half of 2027.

By taking control of Fermacell, Holcim Group continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Alkern in 2025.