James Hardie to sell European operations to Holcim for $981 million
20/08/2026 21:45
James Hardie to sell European operations to Holcim for $981 million Aug 21 (Reuters) - Fibre cement maker James Hardie JHX.AX said it will sell its European sustainable walling and flooring solutions business, Fermacell, to Swiss building materials supplier Holcim HOLN.S for 840 million euros ($980.78 million).
In addition to the deal, James Hardie also unveiled a $250 million share repurchase program on Thursday.
($1 = 0.8565 euros)
(Reporting by Shivangi Lahiri in Bengaluru; Editing by Shinjini Ganguli)
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