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New Deal


Announced

Completed

Westlake completed the acquisition of the North American building products businesses of Boral for $2.15bn.

Financials

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Transaction Value£1,556m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales778x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Friendly

building materials

Majority

Acquisition

Private

Mexico

Cross Border

Building Roofing/Wallboard and Plumbing

United States

Completed

Synopsis

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Westlake, a global manufacturer and supplier of materials, completed the acquisition of the North American building products businesses of Boral, an international building products and construction materials group, for $2.15bn. “The combination of Boral North America’s product lines with Westlake’s building products businesses will greatly expand our housing-related building products business and extend our presence in North America," Albert Chao, Westlake President and CEO.

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