M&A Deal Summary

Louisiana-Pacific Acquires GreenStone Industries

On January 3, 1997, Louisiana-Pacific acquired chemicals company GreenStone Industries

Acquisition Highlights
  • This is Louisiana-Pacific’s 2nd transaction in the Chemicals sector.
  • This is Louisiana-Pacific’s 3rd transaction in the United States.
  • This is Louisiana-Pacific’s 1st transaction in Maryland.

M&A Deal Summary

Date 1997-01-03
Target GreenStone Industries
Sector Chemicals
Buyer(s) Louisiana-Pacific
Deal Type Add-on Acquisition

Target

GreenStone Industries

Bethesda, Maryland, United States
GreenStone Industries, Inc. a manufacturer of cellulose insulation and specialty fibers from recycled paper.

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Buyer(S) 1

Buyer

Louisiana-Pacific

Nashville, Tennessee, United States

Category Company
Founded 1972
Sector Building Materials
Employees4,100
Revenue 2.6B USD (2023)
DESCRIPTION

Louisiana-Pacific is a manufacturer of quality engineered wood building materials including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction. From manufacturing facilities in the U.S., Canada, Chile and Brazil, LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers. Louisiana-Pacific was founded in 1972 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 3 of 9
Sector (Chemicals) 2 of 2
Type (Add-on Acquisition) 3 of 8
State (Maryland) 1 of 1
Country (United States) 3 of 7
Year (1997) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-12-20 Tecton Laminates

United States

Tecton is a manufacturer of laminated veneer lumber and wood I-joists used in the construction industry. The company is also a producer of engineered wood industrial components marketed to manufacturers in both the U.S. and Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-20 ABT Building Products

Neenah,, Wisconsin, United States

ABT Building Products, makes building products in the United States and Canada. Company engaged in manufactured exterior hardboard siding,as well as plastic resin and fiber cement specialty building products.

Buy $225M