James Hardie Industries PLC ADR

JHX: XASX (AUS)

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James Hardie: Sells European Fiber-Gypsum Business and Intends to Fully Exit in Europe

Esther Holloway

Aug 21, 2026

James Hardie has sold its fiber gypsum business to Holcim for EUR 840 million, or USD 980 million. The cash proceeds will be used to pay down debt, which ballooned to pay for the Azek acquisition. It also intends to shut down the European fiber cement business. The share price is unchanged.

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James Hardie Industries PLC ADR

James Hardie: Sells European Fiber-Gypsum Business and Intends to Fully Exit in Europe

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