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Owens Corning, a global building and construction materials company, completed the acquisition of Masonite®, an interior and exterior doors and door systems firm, for $3.9bn. “The addition of Masonite to Owens Corning marks a significant milestone for our company, as we further strengthen our position as a market leader in building and construction materials. Over the past several years, Owens Corning has been on a journey to transform and grow our company through strategic choices and strong execution. The completion of this acquisition represents the start of an exciting next chapter that allows us to leverage our proven commercial, operational, and innovation capabilities to increase our offering of highly valued branded building materials for our customers,” Brian Chambers, Owens Corning Chairman and CEO. Owens Corning (led by Brian Chambers) was advised by Lazard, Morgan Stanley, Davis Polk & Wardwell LLP (led by Cheryl Chan and James Dougherty), Stikeman Elliott LLP (led by Michael Urbani) and FGS Global (led by Niel GolightlyJared LevyPaul Verbinnen and Jim Barron). Masonite (led by Howard Heckes) was advised by Goldman Sachs, Jefferies, Cassels Brock & Blackwell LLP, Wachtell, Lipton, Rosen & Katz (led by Benjamin Roth and Elina Tetelbaum) and Collected Strategies (led by Tali Epstein, Jude Gorman and Jim Golden). Financial advisors were advised by White & Case LLP (led by Denise A. Cerasani) and Sullivan & Cromwell LLP (led by Lee Parnes and Stephen Kotran) and. Debt financing was provided by Morgan Stanley. #MergersAcquisitionsDivestitures #Construction #BuildingMaterials

Owens Corning completed the acquisition of Masonite International Corporation for $3.9bn.

Owens Corning completed the acquisition of Masonite International Corporation for $3.9bn.

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Marilyn Nolte

MBA| Mission & Purpose Driven Executive| People First Leader| Transformational Change Agent| Executive Board Member

4mo

Congrats 🎉

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Joyce Wietrecki, MA, CPC

Leadership Expert | Author | Speaker | Coach | Talent Management | Organizational Effectiveness | Consultant |

4mo

Well done! Congratulations Howard & team!

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Mike Bernard

Chief Marketing Officer at Vendavo

4mo

Huge congrats to you Jennifer Z. Renaud and the entire Masonite® team!

Alice Gagnon CPIM CSCP CLTD SCRUM

Supply Chain Project Mgr/Sr. Sourcing Mgrs/North America Regional Mgr

4mo

congratulations!!

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Charles Lamb

Chief Executive Officer/CEO

4mo

Congratulations!

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Bridget DiGiorgio

Vice President of Sales at SG360°, a Segerdahl company

4mo

Congratulations!

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