Freedonia Analyst Weighs In On Standard Industries' $7 Billion Acquisition of W.R. Grace
CLEVELAND — Standard Industries announced that it was acquiring W.R. Grace, a leading supplier of specialty chemicals, for $7 billion. Subsequent to the completion of the transaction, which is expected to be completed in the fourth quarter of 2021, W.R. Grace will operate as a stand-alone company alongside other Standard Industries operations.
Standard Industries — through its network of subsidiaries — holds leading positions in a number of market segments. For instance, its GAF Materials subsidiary is a leading U.S. supplier of roofing, and plays a key role in other construction markets. Similarly, Standard Industries plays a key role in the European roofing and waterproofing markets through its Braas Monier and Icopal, and Siplast subsidiaries.