Owens Corning’s Paroc Group acquisition now completed

Owens Corning (OC) announced today that the acquisition of Paroc Group has been completed.Owens Corning (OC) announced today that it has received all regulatory clearances and completed the acquisition of Paroc Group (“Paroc”), one of Europe’s leading manufacturers of fire-proof stone wool insulation and energy-efficient solutions, for an enterprise value of approximately €900 million. "Paroc has a long-term home now, as a part of Owens Corning’s insulation business in Europe and beyond. We are excited about the new opportunities that our journey together with Owens Corning will present”,