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James Hardie Industries has agreed to sell its Fermacell sustainable walling and flooring business, including the fermacell and Aestuver brands, to Holcim for €840 million (approximately $980 million USD).
“The strategic divestiture of our European operations and the intended closure of the European fiber cement business will enable us to focus on our highest growth and return opportunities.”ir.jameshardie.com
Summarized from public sources; check the original articles before acting on it.