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    James Hardie to sell European operations to Holcim for $981 million

    Picture of James Hardie Industries logoJames Hardie Industries
    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)
     ((Shivangi.Lahiri@thomsonreuters.com;))

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