Owens Corning - M&A Summary and Business Overview

Building MaterialsCompany

Owens Corning M&A Summary

Owens Corning has acquired 14 companies, including 4 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 3 assets.

Owens Corning’s largest acquisition to date was in 2024, when it acquired Masonite International for $3.9B. It’s largest disclosed sale occurred in 2025, when it sold Owens Corning - Glass Reinforcements Business to Praana Group for $755M. Owens Corning has acquired in 6 different US states, and 5 countries. The Company’s most targeted sectors include building materials (62%) and manufacturing (31%).

Owens Corning Business Overview

Where is Owens Corning headquartered?

Owens Corning is headquartered in Toledo, Ohio.

What is Owens Corning’s revenue?

Owens Corning disclosed revenue of 10,975M USD for 2024 and 9,677M USD for 2023.

How many employees does Owens Corning have?

Owens Corning has 25,000 employees.

What sector is Owens Corning in?

Owens Corning is a building materials company.

When was Owens Corning founded?

Owens Corning was founded in 1938.

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity13
    • M&A Sell Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 11
  • M&A Advisors 7

Owens Corning

Owens Corning

One Owens Corning Parkway,
Toledo, Ohio 43659
United States,
(419) 248-8000
www.owenscorning.com

Owens Corning is a producer of composite and building materials systems. The Company's products range from glass fiber used to reinforce composite materials for transportation, electronics, marine, infrastructure, wind-energy and other high-performance markets to insulation and roofing for residential, commercial and industrial applications. Owens Corning was founded in 1938 and is based in Toledo, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.8/yr) # 9 1 2 - 1 - 13
vol $2.7B $3.9B $6.6B
Sell (0.2/yr) # 2 - - - - 1 3
vol $755M $755M
  16
+1001313.51414.51515.5161212.516.5170

Most Recent M&A

Company Date Value Type
Owens Corning - Glass Reinforcements Business 2025-02-14 755M USD Divestiture
Toledo, Ohio
Masonite International Corp. 2024-02-09 3.9B USD Add-on Acquisition
Tampa, Florida · www.masonite.com
Natural Polymers LLC 2022-06-21 - Add-on Acquisition
Cortland, Illinois · www.naturalpolymersllc.com
WearDeck 2022-04-25 - Divestiture
Ocala, Florida · www.weardeck.com
vliepa GmbH 2021-07-13 - Add-on Acquisition
Bruggen, Germany · www.vliepa.com
Paroc Group Oy AB 2017-10-29 1.0B EUR Add-on Acquisition
Helsinki, Finland · www.paroc.com
Pittsburgh Corning Corp. 2017-05-15 560M USD Add-on Acquisition
Pittsburgh, Pennsylvania · www.pittsburghcorning.com
InterWrap, Inc. 2016-02-24 450M USD Add-on Acquisition
Vancouver, British Columbia · www.interwrap.com
Ahlstrom - Glass Non-Wovens & Fabrics Businesses 2016-01-21 82M EUR Divestiture
, United States
Thermafiber, Inc. 2013-06-03 - Add-on Acquisition
Wabash, Indiana · www.thermafiber.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Masonite International Corp. 2024-02-09 Masonite International - Architectural Business Segment 2024-04-24 1
Tampa, Florida · www.masonite.com Tampa, Florida

M&A by Sector

Sector Buy # Value Sell # Value
Building Materials 8 (62%) 4.5B (67%) 2 (67%) 755M (100%)
Manufacturing 4 (31%) 2.2B (33%) - -
Plastics 1 (8%) - 1 (33%) -
Total 13 $6.6B 3 $755M

By Geo

State/Country Buy Value Sell Value
United States 9 4.5B 2 755M
  Florida 4 3.9B - -
  Ohio - - 2 755M
  Pennsylvania 1 560M - -
  Indiana 1 - - -
  Illinois 1 - - -
  Colorado 1 - - -
1 640M - -
Belgium - - 1 -
Canada 1 450M - -
  British Columbia 1 450M - -
Finland 1 1.0B - -
Germany 1 - - -
Domestic 9 (69%) 4.5B (68%) 2 (67%) 755M (100%)
Cross-border 4 (31%) 2.1B (32%) 1 (33%) -
Total 13 $6.6B 3 $755M

Top M&A Advisors

Financial Deals
Lazard
2
J.P. Morgan Securities
1
Morgan Stanley
1
Legal Deals
Stikeman Elliott
1
Calfee, Halter & Griswold
1
Jones Day
1

Deal Values

buy # Total
> $1B 2 $4.9B
$100M to $1B 3 $1.7B
< $100M 1 $82M
TOTAL $6.6B
Largest Masonite International Corp.
$3.9B (2024-02-09)
sell # Total
$100M to $1B 1 $755M
TOTAL $755M
Largest Owens Corning - Glass Reinforcements Business
$755M (2025-02-14)

M&A Connections

Deals
Acquired from
Investor(s)
31%
4 (31%)
Strategic(s)
23%
3 (23%)
Divested to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

 Subscribe to unlock this and 212,846
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.7K Private Equity Firms
  • 206K M&A Transactions
  • 208K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 80K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.