Industry Update: Building Products
VRC is proud to release its latest industry report. The report provides a concise, insightful update on the Building Products industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
- On July 13, 2021, Owens Corning announced that it acquired vliepa GmbH, which specializes in the coating, printing and finishing of nonwovens, paper and film for the building materials industry. The acquisition broadens Owens Corning’s significant global nonwovens portfolio to better serve European customers and accelerate growth of building and construction market applications in the region.
- On May 25, 2021, Builders FirstSource, Inc., the nation’s premier supplier of building materials and services, announced it has entered into a definitive agreement to acquire Cornerstone Building Alliance SW, LLC, Arizona’s largest independently operated supplier of building materials. The acquisition cost was approximately $400 million.
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