# Gebr. Knauf completes acquisition of 50% stake in USG Boral Joint Venture

Gebr. Knauf KG completed the acquisition of a 50% stake in the USG Boral Joint Venture from Boral Limited on April 1, 2021, for $1 billion.

- Type: Acquisition
- Announced: 2021-04-01
- Value: $1.00B
- Status: completed
- Products: building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Boral Limited](https://endata.com/companies/20115.md) (partner)
- [Gebr. Knauf KG](https://endata.com/companies/28423.md) (acquirer)
- [USG Boral Joint Venture](https://endata.com/companies/54170.md) (target)

## Sources

- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/BORAL-LTD-6492327/news/Gebr-Knauf-KG-completed-the-acquisition-of-50-stake-in-USG-Boral-Joint-Venture-from-Boral-Limited-33452875/), 2021-03-31: "Gebr. Knauf KG completed the acquisition of 50% stake in USG Boral Joint Venture from Boral Limited on April 1, 2021."

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