Quad-C sells InterWrap to Owens Corning for $450 mln
U.S. private equity firm Quad-C Management has wrapped up its sale of InterWrap Inc, a Canadian manufacturer and distributor of synthetic roofing underlayment and packaging materials. The deal, announced earlier this year, saw Owens Corning (NYSE: OC), a U.S. producer of insulation, roofing and fiberglass composites, acquire the company for US$450 million. Established in 1984, Vancouver-based InterWrap is led by CEO Eduardo Lozano and operates facilities in the United States, Canada, India and China. It received an initial investment from Quad-C in November 2013.
17 May 2016•3 mins read
