Owens Corning to acquire Pittsburgh Corning for $560M

Owens Corning has signed an agreement to acquire Pittsburgh Corning, a producer of cellular glass insulation, for approximately $560 million in cash. The transaction is expected to close in Q3 2017.

“The acquisition of Pittsburgh Corning will further expand Owens Corning’s commercial and industrial product offering and grow our presence in Europe and Asia.”investor.owenscorning.com

• 1 source
• investor.owenscorning.comOwens Corning - Owens Corning to Acquire High-Performance Cellular Glass Manufacturer Pittsburgh CorningMay 15, 2017

Summarized from public sources; check the original articles before acting on it.