Owens Corning €900 million acquisition of Paroc

1/2/2018

Private acquisition

Value:

€ 900 million

Dollar value:

$ 996.345 million

Status:

Completed

Date:

1/2/2018

Overview:

Owens Corning has agreed to acquire Paroc Group, a producer of mineral wool insulation for building and technical applications in Europe, from CVC Capital Partners for €900 million.

Prin Shasiharan - Researcher

Jurisdictions:

Finland
United Kingdom
Lithuania

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Energy

Firms:

Avance

Party: CVC Capital Partners (Seller)

Cobalt

Party: Paroc (Target)

Lawyer: Juozas Rimas

Freshfields Bruckhaus Deringer

Party: CVC Capital Partners (Seller)

Lawyer: Tim Wilmot

Jones Day

Party: Owen Corning (Acquirer)

Lawyers: Rachel Rawson, Rachel Rawson, Vica Irani

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