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.
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.
Ewing Irrigation & Landscape Supply is announcing its newest acquisition, All Brite Fencing and Landscape Materials in Goodyear, Arizona.
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.
Culpeper Wood Preservers, a leading producer of pressure-treated wood is proud to announce they have acquired H. M. Stauffer & Sons of Leola, Pennsylvania.
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.
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.
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.
Owens Corning announced today that it signed an agreement with JR Plastics Corporation to acquire WearDeck, a premium producer of composite weather-resistant decking for commercial and residential applications in North America. The transaction is subject to regulatory approvals and other customary conditions, and is anticipated to close by the end of the second quarter.
The AZEK Company Acquires StruXure Outdoor, Inc. Acquisition Strengthens AZEK’s Position as the Innovation Leader in the Broader Outdoor Living Category
