Swiss building materials giant Holcim is set to acquire German wall and flooring specialist Fermacell from James Hardie for €840 million (CHF784 million).

(Bloomberg) -- Holcim Ltd. is acquiring part of the European business of James Hardie Industries Plc for €840 million ($981 million), expanding its building, sustainable flooring…

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