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James Hardie Industries will sell its European Fermacell business to Swiss building-materials company Holcim as it seeks to focus on higher-growth and higher-return markets.

CHICAGO--(BUSINESS WIRE)--James Hardie Industries plc (NYSE / ASX: JHX) (“James Hardie” or the “Company”), a leading provider of exterior home and outdoor living solutions, today announced a strategic divestiture of its European operations to further align the Company's portfolio with its long-term growth strategy. The Company has entered into an agreement to sell its sustainable walling and flooring solutions business Fermacell in Europe, including the fermacell® and Aestuver® brands, to Holci.

Investors interested in Building Products - Miscellaneous stocks are likely familiar with Hillman Solutions Corp. (HLMN) and Holcim Ltd Unsponsored ADR (HCMLY). But which of these two stocks is more attractive to value investors?

Swiss building materials supplier Holcim Group said ​on Sunday it would sell ‌a nearly 68% stake in its Philippines business to ​China's Huaxin Building ​Materials for $527 million.