M&A Deal Summary

Knauf Gips KG Acquires USG

On June 11, 2018, Knauf Gips KG acquired building materials company USG for 7.0B USD

Acquisition Highlights
  • This is Knauf Gips KG’s 2nd transaction in the Building Materials sector.
  • This is Knauf Gips KG’s largest (disclosed) transaction.
  • This is Knauf Gips KG’s 1st transaction in the United States.
  • This is Knauf Gips KG’s 1st transaction in Illinois.

M&A Deal Summary
Date 2018-06-11
Target USG
Sector Building Materials
Buyer(s) Knauf Gips KG
Deal Type Add-on Acquisition
Deal Value 7.0B USD
Advisor(s) J.P. Morgan Securities
Goldman Sachs (Financial)
Jones Day (Legal)

Target

USG

Chicago, Illinois, United States
USG's corporate headquarters in downtown Chicago, Illinois.
USG's corporate headquarters in downtown Chicago, Illinois.
USG Corp. is a manufacturer and distributor of building materials. USG produces a wide range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction as well as products used in certain industrial processes. USG was formed in 1901 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Knauf Gips KG

Iphofen, Germany
Category Company
Founded 1932
Sector Building Materials
Revenue 8.0B USD (2017)
DESCRIPTION

Knauf Gips KG is a manufacturer of building materials operating more than 220 factories worldwide. Knauf Gips was founded in 1932 and is based in Iphofen, Germany.

DEAL STATS #
Overall 2 of 2
Sector (Building Materials) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-20 Zentia

Gateshead, United Kingdom

Zentia provides mineral fibre tiles and grids for modular suspended ceilings to commercial properties, with its products widely used in offices, schools and hospital. Zentia is based in Gateshead, United Kingdom.

Buy $330M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-09 Zentia

Gateshead, United Kingdom

Zentia provides mineral fibre tiles and grids for modular suspended ceilings to commercial properties, with its products widely used in offices, schools and hospital. Zentia is based in Gateshead, United Kingdom.

Sell -
Mergr

Product

Company

Legal