Kps capital partners to acquire oldcastle buildingenvelope inc. from crh plc

North american leader in architectural hardware, glass and glazing systems new york, feb. 28, 2022 /prnewswire/ -- kps capital partners, lp ("kps") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire oldcastle buildingenvelope inc. ("obe" or the "company") from crh plc (lse: crh) for approximately $3.45 billion in cash. completion of the transaction is expected in mid-2022 and is subject to customary closing conditions and approvals.
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