M&A Deal Summary

Owens Corning Acquires Natural Polymers

On June 21, 2022, Owens Corning acquired building materials company Natural Polymers

Acquisition Highlights
  • This is Owens Corning’s 7th transaction in the Building Materials sector.
  • This is Owens Corning’s 8th transaction in the United States.
  • This is Owens Corning’s 1st transaction in Illinois.

M&A Deal Summary
Date 2022-06-21
Target Natural Polymers
Sector Building Materials
Buyer(s) Owens Corning
Deal Type Add-on Acquisition

Target

Natural Polymers

Cortland, Illinois, United States
website
Natural Polymers is a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois.

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Buyer(S) 1

Buyer

Owens Corning

Toledo, Ohio, United States

website

Category Company
Founded 1938
Sector Building Materials
Employees19,000
Revenue 9.8B USD (2022)
DESCRIPTION
Entrance to Owens Corning's corporate headquarters in Toledo, Ohio.
Entrance to Owens Corning's corporate headquarters in Toledo, Ohio.

Owens Corning is a global 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.

DEAL STATS #
Overall 12 of 13
Sector (Building Materials) 7 of 8
Type (Add-on Acquisition) 10 of 11
State (Illinois) 1 of 1
Country (United States) 8 of 9
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-25 WearDeck

Ocala, Florida, United States

WearDeck is a producer of composite weather-resistant decking for commercial and residential applications. WearDeck is based in Ocala, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-09 Masonite International

Tampa, Florida, United States

Masonite International is a designer and manufacturer of interior and exterior doors for residential construction, residential repair, renovation, and remodeling and the non-residential building construction markets. Masonite International was founded in 1925 and is based in Tampa, Florida.

Buy $3.9B
Mergr

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