Westlake Chemical Acquires Boral’s North American Building Products Businesses for $2.15 Billion
October 1, 2021
Westlake Chemical Corporation agreed to acquire Boral Limited’s North American building products businesses covering roofing, siding/trim/shutters, decorative stone, and windows for $2.15 billion in an all-cash transaction. The deal was expected to close in the second half of 2021 and would nearly double Westlake’s building products business. A subsequent update says Westlake completed the acquisition.
- Buyers
- Westlake Chemical Corporation
- Targets
- Boral Ltd.’s North American building products businesses (roofing; siding, trim and shutters; decorative stone; and windows)
- Sellers
- Boral Industries Inc. (wholly owned subsidiary of Boral Limited)
- Industry
- Building Products
- Location
- Texas, United States
- Transaction Type
- Buyout
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