# Boral to acquire Headwaters for $2.6 billion

Boral Limited will acquire Headwaters Incorporated for US$24.25 per share in cash, representing an enterprise value of approximately US$2.6 billion, creating a leading supplier of building products and construction materials.

- Type: Acquisition
- Announced: 2016-11-20
- Where: United States
- Value: $2.60B
- Status: announced
- Products: building products, construction materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Boral Limited](https://endata.com/companies/20115.md) (acquirer)
- [Headwaters Incorporated](https://endata.com/companies/20116.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1003344/000110465916158248/a16-21948_1ex99d1.htm), 2016-11-20: "This is a compelling transaction that delivers significant value to our shareholders."
- [burrencap.com](https://www.burrencap.com/event-driven-news/usd-26), 2016-11-20: "This is a compelling transaction that delivers significant value to our shareholders."
- [concreteproducts.com](https://concreteproducts.com/index.php/2016/11/21/), 2016-11-21: "A binding merger agreement announced Sunday, November 20, will unite the top two U.S. fly ash marketers and precast concrete stone veneer producers."
- [concreteproducts.com](https://concreteproducts.com/index.php/2016/12/13/boral-headwaters-merger-spells-commanding-fly-ash-veneer-stone-source/), 2016-12-13: "This is a compelling transaction that delivers significant value to our shareholders."
- [concreteproducts.com](https://concreteproducts.com/index.php/tag/acquisition/page/19/), 2017-01-03: "A binding merger agreement announced Sunday, November 20, will unite the top two U.S. fly ash marketers and precast concrete stone veneer producers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.