Cornerstone Building Brands Completes Acquisition of Union Corrugating Company; Expands Metal Roof Offering to Residential Market
Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, today announced that it had completed the acquisition of Union Corrugating Company Holdings, Inc. ("UCC"), a leading provider of metal roofing, roofing components, and accessories.
"We are excited to welcome our UCC colleagues to the Cornerstone Building Brands family," said Rose Lee, President and Chief Executive Officer. "With the addition of UCC, we are expanding our solutions offerings to customers in the growing residential metal roofing market and are positioned to realize greater manufacturing economies of scale."
The transaction was funded with cas