Cornerstone Building Brands, the largest manufacturer of exterior building products in North America, has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice in an all-cash transaction with an enterprise value of approximately $5.8 billion.
Nucor Corp. completed its $1 billion acquisition of two insulated metal panel brands, CENTRIA and Metl-Span, from Cornerstone Building Brands. The deal adds 830 employees from seven manufacturing facilities.
Nucor Corporation, through its subsidiaries Nucor Insulated Panel Group Inc and Vulcraft Canada Inc., entered into a definitive agreement to acquire the insulated metal panels, metal roof and wall systems, and metal coil coating businesses of Cornerstone Building Brands, Inc. The purchase price was not disclosed.