M&A Deal Summary

Westlake Acquires CertainTeed - Pipe & Foundations Group

On March 6, 2013, Westlake acquired building materials company CertainTeed - Pipe & Foundations Group from CertainTeed Gypsum for 175M USD

Acquisition Highlights
  • This is Westlake’s 1st transaction in the Building Materials sector.
  • This is Westlake’s 7th largest (disclosed) transaction.
  • This is Westlake’s 1st transaction in the United States.
  • This is Westlake’s 1st transaction in Florida.

M&A Deal Summary
Date 2013-03-06
Target CertainTeed - Pipe & Foundations Group
Sector Building Materials
Buyer(s) Westlake
Sellers(s) CertainTeed Gypsum
Deal Type Divestiture
Deal Value 175M USD

Target

CertainTeed - Pipe & Foundations Group

Tampa, Florida, United States
CertainTeed - Pipe & Foundations Group is a manufacturer of many well-known industry product brands including Certa-Lok, Yelomine, CertaFlo, Certa-Com, C900 RJ/RJIB, Certa-Set, and StraightShot pipe and Form-a-Drain foundations.

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Buyer(S) 1

Buyer

Westlake

Houston, Texas, United States
Category Company
Founded 1986
Sector Chemicals
Employees15,520
Revenue 12.5B USD (2023)
DESCRIPTION
Westlake Chemical's corporate headquarters in Houston, Texas.
Westlake Chemical's corporate headquarters in Houston, Texas.

Westlake manufactures and markets basic chemicals, vinyls, polymers, and fabricated building products. It operates through two segments, Olefins and Vinyls. Westlake was founded in 1986 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 9
Sector (Building Materials) 1 of 2
Type (Divestiture) 1 of 3
State (Florida) 1 of 1
Country (United States) 1 of 6
Year (2013) 1 of 1
Size (of disclosed) 7 of 7
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-28 Vinnolit KG

Ismaning, Germany

Vinnolit is Germany’s leading PVC producer for the building, automobile and medical industries; one of the most important manufacturers in Europe and the tenth largest worldwide. Vintron was a complementary business supplying raw materials used by Vinnolit.

Buy $490M

Seller(S) 1

SELLER

CertainTeed Gypsum

Tampa, Florida, United States
Category Company
Founded 2002
Sector Building Materials
DESCRIPTION

CertainTeed Gypsum, Inc. is a manufacturer of gypsum and finishing products for interior and exterior needs.

DEAL STATS #
Overall 1 of 1
Sector (Building Materials) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-31 Structus Building Technologies

Bend, Oregon, United States

Structus Building Technologies, Inc. is a manufacture of an innovative building products for the drywall industry.

Buy -
Mergr

Product

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