# Knauf acquires USG to create drywall industry giant

On April 24, 2019, Knauf acquired USG, combining the second and third largest drywall producers globally. The deal strengthens Knauf's competitive position in the world drywall and building plaster industry.

- Type: Acquisition
- Announced: 2019-04-24
- Where: United States
- Status: completed
- Products: drywall, gypsum board, plasterboard, ceiling products, insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Knauf](https://endata.com/companies/21151.md) (acquirer)
- [USG](https://endata.com/companies/27822.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/knauf-acquisition-of-usg-will-create-a-drywall-industry-giant-according-to-freedonia-analysis-300839105.html), 2019-04-26: "By combining the second and third producers globally, the acquisition significantly strengthens Knauf's competitive position in the world drywall and building plaster industry."

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