Owens Corning Acquires Masonite International
February 9, 2024
Owens Corning agreed to acquire all outstanding shares of Masonite International for $133.00 per share in cash, valuing the transaction at approximately $3.9 billion. The acquisition expands Owens Corning's residential building-products offering by adding Masonite's doors business and creates a new growth platform with expected synergies and margin expansion.
- Buyers
- Owens Corning
- Targets
- Masonite International Corporation
- Industry
- Building Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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