Zug | 20 August 2026-
- Established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million
Premium brands fermacell® and Aestuver® expanding Holcim’s high-value Building Solutions
Run-rate EBITDA synergies of around EUR 22 million to be realized in year three
A milestone in Holcim’s NextGen Growth 2030 strategy shaping the future of sustainable construction
Holcim has entered into an agreement to acquire Fermacell from James Hardie Industries plc. Fermacell is an established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million. It is a leader in high-performance fibre gypsum and cement-bonded boards, and home to premium sustainable brands such as fermacell® and Aestuver®.
Headquartered in Dusseldorf, Germany, the Fermacell business has more than 1 000 employees and is present in 13 of Europe’s most attractive markets with six state-of-the-art production sites. The acquisition expands Holcim’s offering in European walling, flooring and fire protection.
Miljan Gutovic, Holcim CEO: “This strategic acquisition is another milestone in our vision to be the leading partner for sustainable construction, expanding Holcim’s high-value Building Solutions in line with our NextGen Growth 2030 strategy. fermacell® and Aestuver® will complement Holcim’s existing premium brands Ytong, Silka, Hebel and Multipor – broadening our integrated building systems and modular construction offerings. I look forward to welcoming Fermacell’s talented employees to Holcim.”
The transaction value of EUR 840 million represents an implied pro forma 2027 EBITDA multiple of 9.5x, or 7.6x after run-rate synergies of around EUR 22 million to be realized in year three. It is expected to be earnings per share (EPS) accretive in year one.
The transaction is in line with Holcim’s commitment to financial discipline and growth-focused capital allocation. It is subject to customary conditions and regulatory clearances and is expected to close in H1 2027.