Westlake Doubles its Portfolio in High-Growth North American Building Products Market
Company completes acquisition of Boral Limited’s North American building products businesses for $2.15 billion Adds leading brands in premium roofing; siding, trim and shutters; decorative stone; and windows Additional product lines will broaden Westlake’s footprint into the fast-growing housing and light commercial markets in North America Combination brings opportunity to offer more sustainable products to housing materials market Westlake Chemical Corporation (NYSE: WLK) today announced that it has completed the acquisition of Boral Limited’s North American building products businesses in roofing; siding, trim and shutters; decorative stone; and windows for $2.15 billion in an all-cash transaction. “This transaction effectively doubles the size of our portfolio in the high-growth North American building products segment,” said Westlake President and Chief Executive Officer Albert Chao. “The North American building products segment, based on market analysis for new construction and