Apr 15, 2026ACQUISITIONUnited States Owens Corning amends sale of glass reinforcements business to Praana Group
Owens Corning entered into an amended agreement to sell its glass reinforcements business to Praana Group, adjusting the enterprise value from $755 million to $645 million. The transaction is expected to close in Q2 2026.
Productsglass reinforcements
“The amended agreement eliminates seller notes and increases up-front cash proceeds, streamlining Owens Corning’s separation from the business.”br.advfn.com
- 4 sources
- br.advfn.comOwens Corning Enters Into Amended Agreement with Praana Group for Sale of Glass Reinforcements BusinessBusiness WireApr 15, 2026
- hbsdealer.comOwens Corning agrees to 'amended' glass reinforcements deal | HBS DealerRobby BrumbergApr 16, 2026
- businesswire.comOwens Corning Completes Sale of Glass Reinforcements Business to Praana GroupOwens Corning ContactsMay 1, 2026
- cemnet.comOwens Corning to sell glass reinforcement business to Praana GroupICR NewsroomMay 7, 2026
Summarized from public sources; check the original articles before acting on it.
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