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.

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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Emissions reduction

Green promises: the two faces of the Swiss cement giant Holcim 

This content was published on

Sep 22, 2025


On the very day Holcim is fighting against a climate lawsuit in a court in Zug, the Swiss cement company is promoting its Net Zero plans at a congress just a few kilometres down the road.

Read more: Green promises: the two faces of the Swiss cement giant Holcim 

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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Workplace

Holcim spins off Amrize in biggest Swiss M&A deal in 2025

This content was published on

Jun 17, 2026


In June last year, Holcim announced it completed the spinoff of its North American business Amrize. The deal valued at $33.7 billion valuation was the biggest Swiss M&A deal in 2025.

Read more: Holcim spins off Amrize in biggest Swiss M&A deal in 2025

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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Translated from French, reviewed by an English Department journalist.