Compagnie de Saint-Gobain SA of France has completed the acquisition of Continental Building Products Inc (CBP) of Herndon, VA via a merger with its wholly-owned subsidiary, CetainTeed Gypsum and Ceilings USA Inc. Saint-Gobain acquired all the outstanding shares of CBP for US$37/share in cash in a transaction valued at approximately US$1.4 billion. CBP, formerly part […]
Tag: building materials
MTI Delivers Solid Third Quarter Performance
Minerals Technologies Inc (MTI) of New York, NY has reported a 17% decrease in worldwide net sales in the third quarter from US$543.5 million to US$451.0…
MTI Monitors Energy Services and Refractories
Minerals Technologies Inc (MTI) of New York, NY has reported net income of US$35.1 million on net sales of US$453.3 million in the period ended March…
Holcim and Lafarge Revise Merger Terms
Holcim Ltd of Switzerland and Lafarge SA of France have announced an agreement on revised terms for the merger of the two companies. Both parties agreed on a…
Albemarle Streamlines Flame Retardants Business
Albemarle Corp of Baton Rouge, LA has announced that it is streamlining its portfolio of mineral flame retardant products and refocusing its efforts and resources on further development…