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News 2026-09-21 11:32 UTC

James Hardie to sell Fermacell Europe to Holcim for €840M

James Hardie will sell Fermacell Europe to Holcim for €840M, classify Europe as discontinued from Q2 FY27, and plans to use proceeds for $600M debt paydown and a $250M buyback. FY27 guidance calls for sales >$5B and FCF >$600M.