Acquisition

8 08, 2024

Simpson Strong-Tie Cuts Deeper into the Truss Business with Acquisition of Monet DeSauw Inc.

By |2024-08-13T12:36:40-05:00August 8th, 2024|Categories: Business Practices, Industry Brief, Industry News, Press Release|Tags: , , , , , , |

Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, today announced that it has acquired Fulton, Missouri-based Monet DeSauw Inc., a leading manufacturer of large saws used in the fabrication of trusses within the US and Canada.

    7 05, 2024

    Culpeper Wood Preservers Acquires Pleasant Garden Dry Kiln Company

    By |2024-05-07T13:15:33-05:00May 7th, 2024|Categories: Industry Brief, Industry News, Press Release|Tags: , , , , , , , |

    Culpeper Wood Preservers, a leading producer of pressure-treated wood, is proud to announce they have acquired Pleasant Garden Dry Kiln Company in Pleasant Garden, North Carolina.

    14 02, 2024

    Owens Corning Announces $3.9 Billion Acquisition of Masonite to Strengthen Position in Building and Construction Materials

    By |2024-02-20T12:58:23-05:00February 14th, 2024|Categories: Industry Brief, Industry News, Press Release|Tags: , , , , , |

    Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leading global provider of interior and exterior doors and door systems, today announced they have entered into a definitive agreement under which Owens Corning will acquire all outstanding shares of Masonite for $133.00 per share in cash, representing an approximate 38% premium to Masonite’s closing share price on February 8, 2024 and an approximate 46% premium to Masonite’s 20-day volume-weighted average price. The implied transaction value is approximately $3.9 billion, implying a purchase multiple of approximately 8.6x 2023E adjusted EBITDA2 or 6.8x when including synergies of $125 million.

    23 11, 2022

    Oldcastle APG Acquires Operations of Sterling Sand and Soil Mender Products

    By |2022-12-01T13:11:04-05:00November 23rd, 2022|Categories: Industry Brief, Industry News, Press Release|Tags: , , , , , |

    Oldcastle APG, a CRH company, has acquired the packaging operations of Sterling Sand and the soil business of Soil Mender Products. The acquisitions of its co-packing partners enable Oldcastle APG to extend its geographic position and production capabilities in high-demand, high-growth markets to best serve its customers.

    4 10, 2022

    BlueLinx Acquires Vandermeer Forest Products

    By |2022-10-04T10:38:58-05:00October 4th, 2022|Categories: Industry News, NADRA News, Press Release|Tags: , , |

    BlueLinx Holdings Inc. has acquired privately-held Vandermeer Forest Products, a wholesale distributor of building products, for a purchase price of $67 million, which includes $3.6 million for the distribution facility and real estate in Spokane, Washington and $63.4 million for the business.

    25 07, 2022

    Oldcastle APG Acquires Barrette Outdoor Living

    By |2022-07-25T13:22:11-05:00July 25th, 2022|Categories: Industry Brief, Industry News, NADRA News, Press Release|Tags: , , |

    Oldcastle APG, a CRH company, has acquired Barrette Outdoor Living, a manufacturer of fencing, railing, outdoor accents and related products in North America. This acquisition will expand Oldcastle APG’s ability to offer retailers, dealers, contractors, and consumers a more diverse and comprehensive suite of durable and sustainable outdoor solutions.

    9 06, 2022

    CRH Agrees $1.9bn Acquisition of Barrette Outdoor Living

    By |2022-06-09T08:26:22-05:00June 9th, 2022|Categories: Industry Brief, Industry News, Press Release|Tags: , , |

    CRH plc, the global leader in building materials solutions, announces that it has reached an agreement with TorQuest Partners and Caisse de dépôt et placement du Québec (CDPQ) to acquire Barrette Outdoor Living, Inc. (“Barrette”), North America’s leading provider of residential fencing and railing solutions for an enterprise value of $1.9 billion1, representing an acquisition multiple of c.10x EBITDA pre-synergies.

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