Holcim to acquire Fermacell

  • 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.

About Holcim

Holcim (SIX: HOLN) is the leading partner for sustainable construction with net sales of CHF 15.7 billion in 2025, creating value across the built environment from infrastructure and industry to buildings. Headquartered in Zug, Switzerland, Holcim has more than 50 000 employees in 45 countries – across Europe, Latin America and Asia, Middle East & Africa – and has been recognized as a Global Top Employer by the Top Employers Institute. Holcim offers high-value end-to-end Building Materials and Building Solutions, from foundations and flooring to walling and roofing – powered by premium brands including ECOPact, ECOPlanet, ECOCycle, and Ytong.

Learn more about Holcim on www.holcim.com.

Visual Cover: LinkedIn Channel of Holcim

Want to know more about decarbonization, sustainable industry trends, and the breakthroughs driving real change? Explore the complete lineup of Industry Link’s 2026 events below:

Cementitious Materials International Technical & Trade Congress – Europe
28–29 October, Brussels, Belgium
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  • Maria del Mar Rojas, Science Based Targets Initiative (SBTI)
  • Dr Martina Bassan, Corporate Affairs Director,  European Metals
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  • Jacob Moos, Associate Partner, McKinsey
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  • Anna-Marise Rocha, Commercial Manager, Port of Amsterdam
  • Frank Mruk, National Ready Mix Cement Association USA
  • Luyue Tan, Senior Research Specialist, Carbon, London Stock Exchange Group
  • Grant QUASHA, Chairman and CEO, Eco Material Technologies, A CRH Company, USA
  • Dr. Stefan Puntke, Managing Director and Dr. Hans-Jürgen Klischat, Executive for Strategic Projects, Refratechnik
  • Hongyan Ma, Professor, Missouri University of Science and Technology, USA
  • Marta Diez, Country Manager Spain, Portugal, Italy, CFP Energy
  • Dr. Josilene TV Ferrer, Senior Analyst for International Cooperation and Climate Change, Green Planet Institute Brazil
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  • Mohammed Fouad, Business Excellence Director, Riyadh Cement Company Saudi Arabia
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  • Pilar Hidalgo, Head of Innovation, Cementos Las Cruz, Spain
  • Tien Peng, Cofounder, GreenPlum St., Portugal
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  • Alexander Makhlay, Associate Editor, Argus Media
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30 October, Brussels, Belgium
A dedicated forum advancing diversity, equity, and inclusion across the cement and construction sectors.

 

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Álvaro Lorenz – Global Director of Sustainability, Votorantim Cimentos

Vanessa Castro, Sustainability, Cementos Argos

Luciana Arouca – Head of Sustainability Services Brazil & LATAM, JLLAna Lúcia Grizzi – Senior Independent Consultant; Coordinator of the Sustainability and Innovation Committee, Votorantim Cimentos

Josilene T. V. Ferrer – Senior Analyst of International Cooperation and Climate Change, CETESB – Environmental Company of the State of São Paulo

Carla Leal – CDP Market Director for LATAM | Board Members

Patrícia Iglecias – Associate Professor, Faculty of Law, University of São Paulo

Juan Padial – Managing Partner, Digital Supply Chain, KPMG

Felipe Salgado – Managing Partner of Decarbonization, KPMG

Rejane Afonso – Technical and Commercial Director, Monitore

Edilson Júnior – Manager of Innovation and Industrial Technology, Cimento Nacional

 

Cementitious Materials International Technical & Trade Congress – MEA
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