# James Hardie to acquire Fermacell to create leading building materials business in Europe

James Hardie Industries plc announced the acquisition of Fermacell to create a leading building materials business in Europe.

- Type: Acquisition
- Announced: 2017-11-07
- Where: Germany
- Value: $548.0M (473.0M EUR)
- Status: announced
- Products: building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [James Hardie Industries](https://endata.com/companies/24367.md) (acquirer)
- [Xella International GmbH](https://endata.com/companies/26352.md) (partner)
- [Fermacell](https://endata.com/companies/27928.md) (target)

## Sources

- [ir.jameshardie.com](https://ir.jameshardie.com/news/news-details/2017/James-Hardie-to-Acquire-Fermacell-to-Create-a-Leading-Building-Materials-Business-in-Europe/default.aspx), 2017-11-07: "James Hardie to Acquire Fermacell to Create a Leading Building Materials Business in Europe"
- [reuters.com](https://www.reuters.com/article/markets/us/james-hardie-industries-to-buy-germanys-fermacell-idUSL3N1ND6UN/), 2017-11-07: "James Hardie Industries Plc said on Wednesday that it would buy the German holding company of fiber gypsum board maker Fermacell GmbH from Xella International SA in a transaction valued at 473 million euros ($548 million) in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.