James Hardie sells Fermacell unit to Holcim for €840 million

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James Hardie Announces Strategic Divestiture of European Operations, Including Sale of Fermacell to Holcim for €840 Million

August 20, 2026 4:33 PM EDT

Transaction expected to accelerate deleveraging, support return of capital to shareholders, and be accretive to margin profile and ROIC

Separately, the Company also intends to close European fiber cement business to enhance focus on core growth regions

Actions further align portfolio with Companys long-term growth strategy

James Hardie Board authorizes $250 million share repurchase program

CHICAGO--(BUSINESS WIRE)-- James Hardie Industries plc (NYSE / ASX: JHX) (James Hardie or the Company), a leading provider of exterior home and... More