Owens Corning Completes Sale of Glass Reinforcements Business to Praana Group
May 1, 2026
Owens Corning has completed the sale of its glass reinforcements business to Praana Group. The deal strengthens Owens Corning’s focus on branded residential building products in North America and Europe, while providing Owens Corning with approximately $280 million in cash proceeds plus expected additional cash from excess alloy sales.
- Buyers
- Praana Group
- Targets
- Owens Corning glass reinforcements business
- Sellers
- Owens Corning
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Divestiture
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