Acquisition

5 09, 2024

Culpeper Wood Preservers Acquires Long Life Treated Wood

By |2024-09-06T07:24:37-05:00September 5th, 2024|Categories: Business Practices, Industry Brief, Industry News, Press Release|Tags: , , , , , , , , , , , |

Culpeper Wood Preservers, a leading manufacturer of pressure-treated lumber, has acquired Long Life Treated Wood, a Maryland-based supplier and manufacturer specializing in marine-grade lumber. This acquisition bolsters Culpeper’s marine division and enhances its ability to serve customers with durable, high-quality products designed for harsh water environments.

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.

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