# Saint-Gobain to acquire Owens Corning siding unit for $371M

Owens Corning agreed to sell its Siding Solutions business, including Norandex/Reynolds distribution and three vinyl siding plants, to Saint-Gobain for $371 million. The transaction is expected to close in Q3 2018.

- Type: Acquisition
- Announced: 2018-02-20
- Where: Cleveland, Ohio, United States
- Value: $371.0M
- Jobs: 120
- Status: announced
- Products: vinyl siding
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Owens Corning](https://endata.com/companies/2173.md) (target)
- [HyComp](https://endata.com/companies/8700.md) (target)

## Sources

- [hbsdealer.com](https://hbsdealer.com/news/owens-corning-sell-siding-unit), 2018-02-20: "Owens Corning has agreed to sell its Siding Solutions business, including the company’s Norandex/Reynolds distribution business, to global building products supplier Saint-Gobain for $371 million."
- [fuelsandlubes.com](https://www.fuelsandlubes.com/businesswire/saint-gobain-acquires-hycomp/), 2018-03-01: "HyComp's joining Saint-Gobain gives us the opportunity to broaden our portfolio of critical parts for high-temperature and long-life applications in aerospace and industrial applications."

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