M&A Deal Summary

GAF Materials Acquires Correct Building Products

On August 28, 2009, GAF Materials acquired building materials company Correct Building Products

Acquisition Highlights
  • This is GAF Materials’ 2nd transaction in the Building Materials sector.
  • This is GAF Materials’ 2nd transaction in the United States.
  • This is GAF Materials’ 1st transaction in Maine.

M&A Deal Summary
Date 2009-08-28
Target Correct Building Products
Sector Building Materials
Buyer(s) GAF Materials
Deal Type Add-on Acquisition

Target

Correct Building Products

Biddeford, Maine, United States
Correct Building Products, the manufacturer of CorrectDeck decking and accessories.

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Buyer(S) 1

Buyer

GAF Materials

Parsippany, New Jersey, United States

website

Category Company
Founded 1886
Sector Building Materials
Employees3,700
DESCRIPTION
Entrance to GAF's corporate headquarters in Parsippany, New Jersey.
Entrance to GAF's corporate headquarters in Parsippany, New Jersey.

GAF Materials is a provider of roof system solutions. The Company was established in 1886 and is headquartered in Parsippany, New Jersey.

DEAL STATS #
Overall 2 of 4
Sector (Building Materials) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (Maine) 1 of 1
Country (United States) 2 of 2
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-22 ElkCorp.

Dallas, Texas, United States

ElkCorp. is a provider of roofing and composite building products in the United States and Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-25 Icopal AS

Herlev, Denmark

Icopal AS is an international manufacturer of flat roofing materials. The Company also provides products and solutions for the residential roofing, building membranes, below grade waterproofing and civil engineering markets. Icopal operates 36 state-of-the-art production sites, employs approximately 3,500 employees worldwide.

Buy €1.0B
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