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.
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.
Xella International S.A. signed an agreement to acquire Macon Group, Romania's largest AAC producer and a major building materials manufacturer, from Enterprise Investors. The transaction is subject to antitrust approval and expected to close in the first half of 2018.
James Hardie Industries plc announced the acquisition of Fermacell to create a leading building materials business in Europe.
CRH plc agreed to acquire Fels, a German lime and aggregates business, from Xella International for €0.6 billion. Fels has nine production locations in Germany and one each in the Czech Republic and Russia.
Xella International GmbH signed a contract with investment firm KKR to acquire URSA, a building materials company. The sale is subject to regulatory approval and expected to close before end of 2017.