Holcim has entered into an agreement to acquire Fermacell. Fermacell is a European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million.
Headquartered in Dusseldorf, Germany, the Fermacell business has more than 1 000 employees and is present in 13 of Europe's markets with six production sites. The acquisition expands Holcim’s offering in European walling, flooring and fire protection.
The transaction value of EUR 840 million represents an implied pro forma 2027 EBITDA multiple of 9.5x, or 7.6x after run-rate synergies of around EUR 22 million to be realized in year three. It is expected to be earnings per share (EPS) accretive in year one.
The transaction is in line with Holcim's commitment to financial discipline and growth-focused capital allocation. It is subject to customary conditions and regulatory clearances and is expected to close in H1 2027.
