Aug 21, 2026 – 10.06amJames Hardie Industries will exit Europe to concentrate on North America, selling the Fermacell wall and flooring business in a €840 million ($1.38 billion) deal and shutting its fibre cement operations in the region.The sale of Fermacell, headquartered in Germany, to Swiss giant Holcim marks the end of James Hardie’s nine years of ownership.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
James Hardie ditches Europe, selling out to Holcim in $1.38b deal
The Australian building products giant is selling a German business acquired in 2017 as it abandons the region for higher-growth prospects in North America.
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