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Building Products

News

Green Depot and Greenmaker Merge

The Brooklyn-based and Chicago-based “green” building supplies companies join forces; terms were not disclosed.

Carlyle Sells AxleTech

As auto parts makers are suspended in limbo awaiting the federal intervention—or, refusal—to save the Big Three automakers, General Dynamics makes a M&A play.

Carlyle Group’s Steel Sale Collapses

Novolipetsk Steel terminates agreement to buy DBO Holdings for $3.5 billion; litigation expected.

Hyde Park SPAC Seals Deal with Credit Increase

At a time when shareholders have been killing blank check companies to guarantee immediate capital returns, one SPAC tethered to its combination’s completion an increase in a credit facility and narrowly won over investors.

Monomoy Boosts Molded Plastics Biz

PE shop plans tuck-in with Atlantis, L&P Plastics to expand reach.

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Articles

Structured Finance Advisors' Upcoming Fund

The ABS- and MBS- sector investor will establish a fund to take advantage of the current lack of market liquidity in the sector, says president.

TowerBrook Pursues Building Products

TowerBrook Capital Partners is exploring investment opportunities in the building products area.

Siemens to Buy Mass. Steel Business

Morgan Construction has been acquired by Siemens VAI Metals Technologies for about $130 million, not including about $30 million in debt that came along with the firm.

SK Capital Partners Cinches Debut Deal

SK Capital Partners, LP, an affiliate of The Valence Group, a newly formed merchant bank, acquired Aristech Acrylics, an acrylic sheets and solid surface products supplier, from Mitsubishi Corporation.

Armstrong Aborts Sale Process

Building products manufacturer Armstrong World Industries has decided against a sale of the business, citing unfavorable market conditions, specifically the continued deterioration in the U.S. residential housing market and a 'dramatic' tightening of the credit markets.

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