CSR (ASX:CSR) has agreed to acquire Woven Image, a leading sustainable, design-led acoustic finishes and textiles firm, for $43M.

The acquisition, which CSR said broadens its commercial offering, will be earnings accretive after its completion in a few months, subject to some conditions.

It also said Woven Image will enhance its interior finishes offerings in Australia's domestic market as well as its exports to Europe and Asia.

CSR added that as a consequence of the deal, a share buyback by the market it announced last year will end this month.