Excited to welcome Masonite colleagues! Fantastic opportunity to continue our journey through material innovation! #Innovation, #Building&Construction.
Amol Vaidya, PhD’s Post
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🏡 𝗡𝗘𝗪𝗦 𝗶𝗻 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗮𝗻𝗱 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻! 𝗢𝘄𝗲𝗻𝘀 𝗖𝗼𝗿𝗻𝗶𝗻𝗴 is set to acquire 𝗠𝗮𝘀𝗼𝗻𝗶𝘁𝗲 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗿𝗽 for $𝟯.𝟵 𝗯𝗶𝗹𝗹𝗶𝗼𝗻, reinforcing its positions in residential #buildingmaterials. The acquisition expands Owens Corning’s market presence with Masonite's interior and exterior doors, creating a scalable growth platform in a $27 billion addressable market. 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗼𝗿 𝗢𝘄𝗲𝗻𝘀 𝗖𝗼𝗿𝗻𝗶𝗻𝗴: ➡️ Strengthens position in branded residential building materials ➡️ Enhances financial profile with a revenue growth to approx. $12.6 billion and adjusted EBITDA to $2.9 billion (pro forma basis) ➡️ Generates cost synergies of $125 million, improving operational efficiency 𝗢𝘄𝗲𝗻𝘀 𝗖𝗼𝗿𝗻𝗶𝗻𝗴, headquartered in Toledo, Ohio, USA, has a global presence, with approximately 18,000 employees in 30 countries. It focuses on providing building and #construction materials globally. 𝗠𝗮𝘀𝗼𝗻𝗶𝘁𝗲 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗿𝗽 has 64 manufacturing and distribution facilities, primarily in North America. 💬 𝗕𝗿𝗶𝗮𝗻 𝗖𝗵𝗮𝗺𝗯𝗲𝗿𝘀, 𝗖𝗘𝗢 𝗼𝗳 𝗢𝘄𝗲𝗻𝘀 𝗖𝗼𝗿𝗻𝗶𝗻𝗴, expresses excitement about the synergy, stating, "Masonite is a market leader that complements our existing residential interior and exterior product offering." 💬 𝗛𝗼𝘄𝗮𝗿𝗱 𝗛𝗲𝗰𝗸𝗲𝘀, 𝗖𝗘𝗢 𝗼𝗳 𝗠𝗮𝘀𝗼𝗻𝗶𝘁𝗲, echoes the sentiment, saying, "This agreement brings together two storied companies with a common focus on innovation." 🗓️ The transaction is set to close mid-2024, subject to shareholder and regulatory approval. #constructionindustry #manda #mergersandacquisitions 𝗟𝗜𝗞𝗘 𝗦𝗛𝗔𝗥𝗘 𝗖𝗢𝗠𝗠𝗘𝗡𝗧
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"MA Flex Building Sold to Walker Development for $5M" Read the full article below..
“MA Flex Building Sold to Walker Development for $5M”
https://cremarketbeat.com
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Investor + Business Mentor: I invest and acquire home service companies in Florida; Acqusitions within 30 - 90 days.
What Sherwin-Williams Did With Their Boring Business Will Shock You: Learn How to Sell Your Construction Business Like a Pro! You might be thinking, "How could a plain old paint company become a giant in the industry?" Well, buckle up, because the story of Sherwin-Williams is anything but dull. In fact, it's a masterclass in transforming the mundane into the magnificent. So let's dive into the incredible journey of how Sherwin-Williams turned a "boring" business into a billion-dollar powerhouse—and how you can apply these same strategies to your construction business. The Sherwin-Williams Sensation: Turning Boring into Billions Picture this: Sherwin-Williams, once just another paint company, now boasts a net worth of over $40 billion. How did they achieve this astonishing feat? The secret sauce lies in their savvy business acquisitions and strategic selling. The Power of Strategic Acquisitions Here are some of the POWER MOVES they made to propel them to the top: Comex Back in 2013, Sherwin-Williams made a strategic move by acquiring the North American paint business of Comex, a leading Mexican paint company. This acquisition strengthened Sherwin-Williams' foothold in the U.S. and Canadian markets and gave them access to new customers and distribution channels. Valspar Corporation In 2017, Sherwin-Williams completed a blockbuster acquisition of Valspar Corporation for approximately $11.3 billion. By acquiring Valspar, Sherwin-Williams significantly expanded its product range and market reach, cementing its position as one of the largest paint and coatings companies in the world. Minwax and Thompson’s WaterSeal Over the years, Sherwin-Williams acquired several well-known brands like Minwax and Thompson’s WaterSeal. These acquisitions allowed them to diversify their product offerings in the wood care and waterproofing categories, further solidifying their market dominance. Why Selling a Construction Business Matters Now, let's bring it back to you. You might think your construction business—whether it's painting, power washing, renovation, cleaning, or landscaping—is just another "boring" company. But here's the kicker: Sherwin-Williams didn’t just sell paint—they sold a vision, a brand, and a legacy. Did You Know? Did you know 80% of businesses for sale are NEVER sold? That's right—according to BizBuySell, only 20% of businesses listed with brokers actually sell. But here's some good news: companies that engage in strategic acquisitions grow 1.5 times faster and can see up to a 40% increase in their market value within just a few years (McKinsey). And let's be honest, the average CEOs think acquisitions is about buying lunch for the team—spoiler alert, it's not. 🤦♂️ Like, comment, or share if you found this article valuable! #SellingAConstructionBusiness #SherwinWilliamsSuccess #MaximizeBusinessValue #RetiringBusinessOwners #ConstructionBusiness #BusinessGrowth #AcquisitionStrategy #SellYourBusiness #FinancialFreedom #LucaDimon
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Principal at The FalconRE Group - Commercial, Industrial, and Multi-Family Real Estate Due Diligence Leader
Industrial property in south Jersey is moving, and there’s more to come in 2024. Interested in getting your feet wet? Need a property? Want to invest but don’t know where to start? Nervous about conducting adequate due diligence to ensure you don’t end up with a lemon? I’m always happy to help so don’t hesitate to reach out, even if you’re just testing the water. #industrialdevelopment #commercialrealestate #newjerseyrealestate #duediligence #propertyinvesting
Exciting news in the real estate arena and a significant milestone in the region's industrial sector. For more information about South Jersey industrial space for sale or lease, please contact WCRE | CORFAC International at 856-857-6300. #RealEstate #CommercialRealEstate #IndustrialPortfolio #SouthJersey
South Jersey Industrial Portfolio of 14 Buildings Changes Hands for $118M | South Jersey Industrial Space
https://southjerseyindustrialspace.com
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Experienced leader, developing long term relationships at leading creative communications agency, Barques.
What a journey, what a business. Here’s to the next 45 years Steven McCarthy
In 1979, McCarthys was formally established by its visionary founder and chairman, Bernard McCarthy. Since its inception, McCarthys has consistently grown and evolved, becoming a leading force in the industry. Our company and team have built a stellar reputation for delivering innovative and sustainable solutions in design, construction, fit-out, and refurbishment projects. Thank you to our clients and friends for their ongoing support; here's to the next 45 years.
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Innovation and change consultant specialising in the construction industry - I help organisations working in the built environment to solve their biggest challenges by developing more creative solutions
AN INDUSTRY STUCK IN THE PAST In my home town of Dorking there is a statue of Thomas Cubitt, a master builder and founder of the eponymous firm that built most of Bloomsbury and Belgravia in the early 19th century. Cubitt was the first man to place all of the specialist building trades under his own control, effectively inventing the model of main contracting that continues in basically the same form to this day. In the week following the collapse of another tier one man contractor, it is sensible to ask whether this 200 year old model is fit for purpose. It is surely an indictment of our industry that a man born in the same year as the poet Lord Byron would recognise most of what he saw in the industry today. Yes there may be more heavy plant and machinery and a few ipads on site, but the basic structure of the industry and the contractual relationships between the parties is essentially the same. Surely the time has come for another Thomas Cubitt to fundamentally change the way we approach and deliver construction projects, not just in the technology we use, but in the business models and industry structure that underpin it. Indeed, one of the primary reasons why new technology has failed to improve productivity and results in the sector is because business models and industry structures have not adapted to make best use of them. No-one I speak to in the industry is happy with the status-quo - from the businesses struggling to survive on a balance of high risk and low margins to clients faced with huge overruns and quality issues. If any good can come from the failure of ISG, then let it be as a catalyst for change - it's time to get serious about transforming our industry. #rethinkingconstruction #construction #constructioninnovation #transformingconstruction
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The industry is forever changing, but our core values and priorities always remain the same. We promise to provide our tenants with the most professional and knowledgeable experience, through every stage of the leasing process. Trust Craig / Steven Development Corp. with your commercial real estate needs. If you're searching for the perfect office, retail, or industrial space, look no further. To learn more, contact David Strusiner, Vice President, and owner at 847-504-8061 or [email protected] To view our retail properties, visit: https://lnkd.in/dnhYz4BZ To view our office properties, visit: https://lnkd.in/dMf37Xiy To view our industrial properties, visit: https://lnkd.in/diA6ikJm #commercialrealestate #realestate #cre #property #commercial #commercialproperty #business #investment #forlease #retail #office
INDUSTRIAL - Craig Steven Development
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A couple of my insights after spending a beautiful fall morning at Hines’ newly built 146,409 sf Chelsea Point industrial building that served as a great venue for Bisnow’s Boston Industrial & Logistics Summit covering acquisitions, development and Boston's emergence as a top tier industrial market. · Tom Griggs of Hines observed; “What clear height meant to the industrial sector for the past 20 years, POWER may be the driver for the next 20.” My takeaway is to date Landlords have been able to get big mark-to-market increases with limited costs, going forward the best tenants & rents will go to buildings delivering more (e.g. power, ESFR, a key is deciding what). · Construction costs were reported to be down 5-10%+. I believe given that shallow-bay, light-industrial remains the strategy with the most widespread conviction, active leasing and best rents, it is a question of WHEN not IF some of the larger buildings delivered vacant subdivide to become multi-tenant projects. I am interested to hear from market participants on what is critical for Boston to cement its status as a top-tier industrial market? #IndustrialCRE, #GreaterBostonIndustrial
Industrial Tenants Want To Be Near Logan, But Buildable Land Is Scarce
bisnow.com
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Scott Parnell The independent merchant that was built to be different. At Scott Parnell, we’re more than a merchant. We’re your source of independent expertise, practical knowledge, and answers to the challenges you face. We deliver more. From our very first branch, Scott Parnell was built to be different – an independent partner to help you make informed choices and find the right products from across the entire market. Today, we’re home to five distinct divisions staffed with hand-selected experts from across the industry. And every one of our depots is a hub of hands-on knowledge, whether you’re looking for ways to be more cost effective, adopting innovative new products, or taking the carbon out of construction. Making complex challenges feel simple. What sets us apart is the way we deliver know-how from across construction. Working with us, you’ll get a partner that’s always there to help – whatever you need, wherever and whenever you need it. We make the most complex problems feel simple with an informed perspective, access to the industry’s most innovative and sustainable products, and the agility that only comes from an independent. All built on our commitment to being a partner you can trust with an equitable culture and a Net Zero pathway that’s already making strong progress.
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Please see the link below, like, share and follow
The industry is forever changing, but our core values and priorities always remain the same. We promise to provide our tenants with the most professional and knowledgeable experience, through every stage of the leasing process. Trust Craig / Steven Development Corp. with your commercial real estate needs. If you're searching for the perfect office, retail, or industrial space, look no further. To learn more, contact David Strusiner, Vice President, and owner at 847-504-8061 or [email protected] To view our retail properties, visit: https://lnkd.in/dnhYz4BZ To view our office properties, visit: https://lnkd.in/dMf37Xiy To view our industrial properties, visit: https://lnkd.in/diA6ikJm #commercialrealestate #realestate #cre #property #commercial #commercialproperty #business
INDUSTRIAL - Craig Steven Development
https://craigsteven.com
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Leadership | Sales Funnel Management | Account Development | Territory Management | Marketing Trends | Startups I Lead Development | Client Prospecting | New Market Penetration | Business Development
4moBased on my interactions with you and the team, I know you will continue to move the needle in a positive direction with such a strong addition to the organization!