---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-001972"
form_type: "8-K"
ticker: "OC"
cik: "0001370946"
company_name: "Owens Corning"
filed_at: "2024-02-09T23:59:59+00:00"
generated_at: "2026-06-06T04:44:58.803656+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Owens Corning to acquire Masonite International for $133/share (~$3.9B)

## Summary
- Purchase price of $133.00 per share in cash; total enterprise value ~$3.9 billion.
- Pro forma revenue ~$12.6B, adjusted EBITDA ~$2.9B including $125M in cost synergies.
- Financed with cash on hand and $3.0B term loan from Morgan Stanley; net debt-to-EBITDA in 2-3x range.
- Owens Corning also announces strategic review of its glass reinforcements business within Composites segment.
- Transaction expected to close by mid-2025, subject to shareholder and regulatory approvals.

## SEC filing metadata
- accession: 0000950103-24-001972
- form_type: 8-K
- ticker: OC
- cik: 0001370946
- company_name: Owens Corning
- filed_at: 2024-02-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370946/000095010324001972/0000950103-24-001972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370946/000095010324001972/dp206569_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-001972
- JSON: https://secwatch.observer/filing/0000950103-24-001972.json
- Plain text: https://secwatch.observer/filing/0000950103-24-001972.txt

## Key facts
- Material Agreements
  Owens Corning entered into Arrangement Agreement with Masonite International Corporation valued at $133.00 per share in cash (effective 2024-02-08).
  - Action: entry
  - Agreement: merger
  - Counterparty: Masonite International Corporation
  - Value: $133.00 per share in cash
  - Effective: 2024-02-08
  source text: On February 8, 2024, Owens Corning, a Delaware corporation (“Owens Corning”), entered into an Arrangement Agreement (the “Agreement”) with MT Acquisition Co ULC, a British Columbia unlimited liability company and a wholly owned subsidiary of Owens Corning (“Purchaser”) and Masonite International Corporation, a British Columbia corporation (“Masonite”), pursuant to which Purchaser will acquire all of the issued and outstanding common shares of Masonite at a purchase price of $ 133.00 per share (the “Arrangement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370946/000095010324001972/0000950103-24-001972-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.