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May 16, 2023

Oldcastle builds capabilities with acquisition of CertainTeed PVC fencing

Building products maker Oldcastle APG has acquired the PVC fencing, railing and decking assets of CertainTeed LLC for an undisclosed price.

The sale includes manufacturing plants in Buffalo, N.Y., and Orem, Utah. In a news release, officials with Oldcastle in Atlanta said that the acquisition "expands [Oldcastle's] operational capabilities and comprehensive suite of industry-leading outdoor living solutions across North America."

The CertainTeed assets include premier product lines, specialized manufacturing capabilities and key geographical positions, officials added. Those assets will strengthen Oldcastle's proficiency in vinyl fencing, following its 2022 acquisition of Barrette Outdoor Living, a provider of fencing, railing and decking in North America, they said.

CertainTeed's upmarket PVC and composite fencing brands Bufftech and SimTek will complement Oldcastle APG's product mix in both the residential and commercial markets, officials said.

Oldcastle President Tim Ortman said that the acquisition "reflects our commitment to continually develop innovative and category-defining building products that connect our customers with the outdoors."

Oldcastle's current brands include MoistureShield composite decking, Belgard concrete pavers and Barrette Outdoor Living's Active Yards lines. Oldcastle is part of Atlanta-based building materials firm CRH Americas Inc., one of North America's largest manufacturers of building products and materials.

Oldcastle has been very active in the M&A market. In late 2021, the firm acquired PVC pipe maker National Pipe & Plastics Inc. Oldcastle followed that in mid-2022 with a $1.9 billion deal for Barrette Outdoor Living, a producer of composite decking and PVC, aluminum and steel fences and railings.

Malvern, Pa.-based CertainTeed makes roofing, ceilings and other building products. The firm is a unit of French construction giant Saint-Gobain.

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