Announced
Completed
Financials
Tags
building materials
Acquisition
Private Equity
Domestic
United States
Building Materials: Other
Friendly
Single Bidder
Majority
Completed
Public
Synopsis
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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