James Hardie Industries plc Acquires European Cement-Bonded Business
Acquiring Company
James Hardie Industries
Acquired Company
Holcim Ltd
Chicago
Zugbuilding materialsManufacturingEnergyRenewable EnergyConstruction3d TechnologyBuilding MaintenanceBuilding MaterialCivil EngineeringWholesaleDescription
On August 20, 2026, James Hardie Industries plc entered into a Share Purchase Agreement with Holcim Westbeteiligungs GmbH to sell its European fibre gypsum and cement-bonded products business. The transaction is valued at €840 million, with adjustments for net debt and working capital as of closing. This strategic move enhances James Hardie's portfolio in the construction materials market. The acquisition reflects the company’s commitment to expanding its operational capabilities in Europe.
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Based on deal dataFrequently asked
Who acquired Holcim Ltd?
Holcim Ltd was acquired by James Hardie Industries, based in Chicago. The deal was reported on August 20, 2026. James Hardie Industries plc is a leader in providing high-performance, low-maintenance building products and solutions. James Hardie Industries is publicly traded (JHX) and operates in building materials.
When did James Hardie Industries acquire Holcim Ltd?
James Hardie Industries's acquisition of Holcim Ltd was reported on August 20, 2026. On August 20, 2026, James Hardie Industries plc entered into a Share Purchase Agreement with Holcim Westbeteiligungs GmbH to sell its European fibre gypsum and cement-bonded products business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Holcim Ltd do?
Holcim Ltd is a global leader in sustainable building solutions, providing construction materials such as cement and aggregates. The company focuses on developing innovative and energy-efficient construction practices. It is privately held, operating in Manufacturing, and is based in Zug.
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