# Knauf and USG merger cleared by Commerce Commission subject to divestment

The New Zealand Commerce Commission granted clearance for Gebr. Knauf KG to merge with USG Corporation, subject to Knauf divesting USG's interest in USG Boral Building Products to ensure competition in the modular suspended ceiling systems market.

- Type: Acquisition
- Announced: 2019-04-18
- Where: New Zealand
- Status: announced
- Products: modular suspended ceiling systems
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [USG](https://endata.com/companies/27822.md) (target)
- [Gebr. Knauf KG](https://endata.com/companies/28423.md) (acquirer)
- [USG Boral Building Products](https://endata.com/companies/38298.md) (target)

## Sources

- [comcom.govt.nz](https://www.comcom.govt.nz/news-and-media/news-and-events/2019/commerce-commission-grants-clearance-for-knauf-and-usg-to-merge-subject-to-a-divestment/), 2019-04-18: "The Commerce Commission has granted clearance for Gebr. Knauf KG and USG Corporation to merge subject to a divestment undertaking."

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