# James Hardie acquires Fermacell for €473 million

James Hardie Industries plc acquired Fermacell GmbH from Xella International S.A. in an all-cash transaction with an enterprise value of €473 million, adding over 800 employees in Europe.

- Type: Acquisition
- Announced: 2018-07-03
- Where: Germany
- Value: $550.0M (473.0M EUR)
- Jobs: 800
- Status: completed
- Products: fiber cement products
- 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

- [tilezine.tiles.org.uk](https://tilezine.tiles.org.uk/james-hardie-acquires-fermacell/), 2018-07-03: "We are ready to realize the benefits of this strategic acquisition and are excited about adding this high quality business to the James Hardie group."

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