Owens Corning completes acquisition of Masonite, strengthening leadership in building and construction materials
May 15, 2024•about 1 year ago
Acquiring Company
Owens Corning
Acquired Company
Masonite International Corporation
Description
Owens Corning has completed the acquisition of Masonite International Corporation, a leading global provider of interior and exterior doors and door systems. This acquisition solidifies Owens Corning's position as a market leader in building and construction materials, providing opportunities for growth and innovation.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed