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New Deal


Announced

Completed

Clayton Dubilier & Rice completed the acquisition of the remaining 51% stake in Cornerstone Building Brands for $3bn.

Financials

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Transaction Value£2,236m
Consideration TypeCash
Capital Owned49%
Capital Bid For51%
EV/Sales1.1x
EV/EBITDA9.1x
Share Price Premium16%
One Off Charge-

Synopsis

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Clayton Dubilier & Rice, a private equity firm, completed the acquisition of the remaining 51% stake in Cornerstone Building Brands, a building materials products provider, for $3bn. "We believe this transaction provides substantial value for our shareholders while also accelerating Cornerstone Building Brands’ aspiration to become a premier exterior building solutions company," Rose Lee, Cornerstone Building Brands President and CEO.

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