Special Report: Owens Corning to Buy European Mineral Wool Company

GIC News

TOLEDO, Ohio – October 29, 2017 – Owens Corning (NYSE: OC) announced that it has signed an agreement with CVC Capital Partners to acquire Paroc Group (“Paroc”), a leading producer of mineral wool insulation for building and technical applications in Europe, for an enterprise value of approximately €900 million. The transaction, which is subject to regulatory approvals and other customary conditions, is anticipated to close in early 2018.  Learn more…

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