Owens Corning to Acquire WearDeck to Strengthen Position in Building and Construction Offerings.
MANews-(C)2009-2022
Ohio, US-based building and construction materials provider Owens Corning (NYSE: OC) has agreed to acquire Florida-based composite decking producer WearDeck from JR Plastics Corp. to strengthen position in building and construction products, the company said.
Financial terms of the deal were not disclosed. The transaction is subject to regulatory approvals and other customary conditions and is anticipated to close by the end of the second quarter.
The acquisition of WearDeck advances the company's strategy to drive continued growth in Owens...
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