.
MergerLinks Header Logo

New Deal


Announced

Completed

Nucor completed the acquisition of the insulated metal panels business of Cornerstone Building Brands for $1bn.

Financials

Edit Data
Transaction Value£706m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3x
EV/EBITDA10x
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Majority

United States

Friendly

Domestic

insulated metal panels

Building Roofing/Wallboard and Plumbing

Single Bidder

Acquisition

Completed

Synopsis

Edit

Nucor, a provider of steel and steel products, with operating facilities in the United States, Canada and Mexico, completed the acquisition of the insulated metal panels business of Cornerstone Building Brands, the largest manufacturer of exterior building products in North America, for $1bn. "We are excited to officially welcome our CENTRIA and Metl-Span teammates as part of the Nucor team. Adding these two brands to our Insulated Panel Group will allow us to provide our customers with a full range of products to service high-end architectural applications, as well as the quickly expanding cold storage and warehousing markets," Jeff Carmean, Nucor President of Insulated Panel Group.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US