# Knauf's acquisitions of USG and AWI conditionally approved by ACCC

The Australian Competition and Consumer Commission conditionally approved Knauf's proposed acquisitions of USG Corporation and Armstrong World Industries, requiring Knauf to divest USG's interest in a joint venture with Boral.

- Type: Acquisition
- Announced: 2019-03-28
- Where: Australia
- Status: announced
- Products: plasterboard, joint plaster compounds, metal profiles, suspended ceilings, insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Armstrong World Industries](https://endata.com/companies/24037.md) (target)
- [USG](https://endata.com/companies/27822.md) (target)
- [Gebr. Knauf KG](https://endata.com/companies/28423.md) (acquirer)

## Sources

- [accc.gov.au](https://www.accc.gov.au/media-release/knaufs-acquisitions-of-usg-and-awi-conditionally-approved), 2019-03-27: "The ACCC will not oppose Knauf’s proposed acquisitions of USG and Armstrong World Industries after accepting a court-enforceable undertaking from Knauf to divest assets."

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