# James Hardie to acquire Fermacell parent for €473M

James Hardie Industries plc agreed to acquire German-based XI (DL) Holdings GmbH and its subsidiaries from Xella International S.A. for €473 million (approx. US$549 million), including Fermacell, a European fiber gypsum board manufacturer.

- Type: Acquisition
- Announced: 2018-02-20
- Where: Germany
- Value: $549.0M (473.0M EUR)
- Jobs: 800
- Status: announced
- Products: fiber gypsum board, cement-bonded boards
- 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)
- [XI (DL) Holdings GmbH](https://endata.com/companies/30184.md) (target)

## Sources

- [hbsdealer.com](https://hbsdealer.com/news/james-hardie-buying-european-gypsum-company), 2018-02-20: "Fermacell’s market position, go-to-market strategy and strong management team will enable us to scale and accelerate our European business."
- [ir.jameshardie.com](https://ir.jameshardie.com/news/news-details/2018/James-Hardie-Completes-Acquisition-of-Fermacell/default.aspx), 2018-04-03: "James Hardie Industries plc announced today that it has completed its acquisition of German-based XI (DL) Holdings GmbH and its subsidiaries (including, but not limited to, Fermacell GmbH) from Xella International S.A."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1159152/000115915218000020/completionoffermacellacqui.htm), 2018-04-04: "We welcome our new employees to the James Hardie group and acknowledge the hard work undertaken by our integration team consisting of people from James Hardie, Fermacell and our advisors to achieve this significant milestone."

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