Swiss cement giant Holcim to acquire German firm Fermacell in €840m deal
Swiss building materials giant Holcim is set to acquire German wall and flooring specialist Fermacell from James Hardie for €840 million (CHF784 million), as the Chicago-based building materials group divests its European fibre cement business.
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Swiss cement giant Holcim to acquire German firm Fermacell in €840m deal
Based in Düsseldorf, Germany, Fermacell is expected to generate revenue of around €430 million in 2026 and employs about 1,000 people, according to statements released by Holcim and James Hardie on Thursday evening.
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The company operates six manufacturing sites and serves customers in 13 European countries.
The Zug-based cement giant expects synergies of around €22 million over the next three years. The Fermacell and Aestuver brands will complement Holcim’s portfolio of integrated components and modular solutions.
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The deal is not expected to affect Holcim’s 2026 results, as it is due to complete in the first half of 2027.
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