© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Koch Industries Acquires Guardian Industries Corp.
Posted 21st November 2016

Koch Industries Acquires Guardian Industries Corp.

Guardian shareholders approve transaction to become standalone subsidiary of Koch Industries.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Koch Industries Acquires Guardian Industries Corp.
Image

Guardian Industries Corp. and Koch Industries, Inc., today announced that Guardian stockholders have approved the acquisition of the company by KGIC Merger Corporation, a wholly owned subsidiary of Koch Industries. The deal is an all-cash transaction for the remaining 55.5 percent outstanding shares of Guardian Industries’ common stock not already owned by affiliates of Koch.

“Guardian Industries and its employees have proudly served customers for 84 years, and we have benefited a great deal from Koch’s robust guidance and infrastructure since its initial investment in 2012,” said Ron Vaupel, president and CEO of Guardian. “Our companies align in many areas including culture, global footprint and supply chain. We are excited to continue working together to create value for our customers and society.”

“Working with Guardian’s dedicated employees has proven to be a rewarding experience,” said Dave Robertson, president and COO of Koch. “We look forward to combining the strengths and capabilities of Guardian and Koch to better meet the needs of our customers.”

“Guardian is a world-class organization and a leader in providing innovative products,” said Charles Koch, chairman and CEO of Koch. “This acquisition fits well with our culture and core capabilities. We look forward to Guardian fully joining the Koch Industries family.”

The transaction is subject to customary closing conditions including antitrust approval, and is expected to close in the first quarter of 2017.

BDT & Company, LLC and Evercore Group, L.L.C. acted as financial advisors to Guardian Industries, and Munger, Tolles & Olson LLP acted as the company’s legal counsel. Goldman, Sachs & Co. and Citigroup acted as Koch’s financial advisors, and Jones Day acted as its legal counsel. Additional terms of the deal were not disclosed.

About Guardian Industries Corp.

Guardian Industries Corp. is a privately held, diversified, global company headquartered in Auburn Hills, Michigan. Guardian, and its family of companies, employ 17,000 people and operate facilities throughout North America, Europe, South America, Africa, the Middle East and Asia, with a vision to create value for customers and society through constant innovation using fewer resources. Guardian Glass is a leading international manufacturer of float, value-added coated, and fabricated glass products and solutions for architectural, residential, interior, transportation and technical glass applications. SRG Global is one of the world’s largest manufacturers of advanced, high value coatings on plastics for the automotive and commercial truck industries, providing solutions for greater surface durability, structural integrity, functionality, vehicle efficiency and design flexibility. Guardian Building Products is a leading U.S. based distributor of specialty building products. Visit www.guardian.com.

About Koch Industries, Inc.

Based in Wichita, Kansas, Koch Industries, Inc. is one of the largest private companies in America with estimated annual revenues as high as $100 billion, according to Forbes. It owns a diverse group of companies involved in refining, chemicals, biofuels and ingredients; forest and consumer products; fertilizers; polymers and fibers; process and pollution control equipment and technologies; electronic components; commodity trading; minerals; energy; ranching; glass; and investments. Since 2003, Koch companies have invested about $80 billion in acquisitions and other capital expenditures. With a presence in more than 60 countries, Koch companies employ more than 100,000 people worldwide, with about 60,000 of those in the United States. From January 2009 to present, Koch companies have earned more than 1,000 awards for safety, environmental excellence, community stewardship, innovation, and customer service. For more news and stories, visit www.kochnews.com.

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
BPO and Technology Acquires top Provider in Marketing Communications
Finance
20/01/2016BPO and Technology Acquires top Provider in Marketing Communications

Headquartered in New York City, Smart Source's acquisition allows these two dynamic companies to combine best practices, services and technologies to offer the most elevated client experience in brand management, marketing and communications to clients nationw

Read Full PostRead - Eye Icon
Andy Murray Serves Investments in Start-ups
Finance
20/08/2015Andy Murray Serves Investments in Start-ups

Andy Murray Serves Investments in Start-ups

Read Full PostRead - Eye Icon
LV= Comments on UK Inflation Rate
Finance
25/03/2015LV= Comments on UK Inflation Rate

The UK's inflation rate fell to 0% in February 2015 from 0.3% in January.

Read Full PostRead - Eye Icon
US buyers set sights on UK market
Finance
22/01/2018US buyers set sights on UK market

US buyers set sights on UK market

Read Full PostRead - Eye Icon
Shopify Plus SEO Strategies: Ranking High in Search Results
Strategy
31/10/2023Shopify Plus SEO Strategies: Ranking High in Search Results

In the dynamic realm of e-commerce, standing out amidst a sea of competitors is no trifling task. Yet, with the potent fusion of SEO prowess and the capabilities of a platform like Shopify Plus, this seemingly Herculean feat becomes significantly more achievab

Read Full PostRead - Eye Icon
Legg Mason Announces Acquisition of Clarion Partners
M&A
Read Full PostRead - Eye Icon
At the Heart of Europe’s Cardiovascular Research Scene
Corporate Social Responsibility
06/02/2024At the Heart of Europe’s Cardiovascular Research Scene

Founded in 2012, the European Cardiovascular Research Institute (ECRI) was established for the purposes of serving as a collaborative effort for European nations to undertake investigator-initiated cardiology studies.

Read Full PostRead - Eye Icon
Abbott to Sell Portion of Vascular Closure and Electrophysiology
Finance
19/10/2016Abbott to Sell Portion of Vascular Closure and Electrophysiology

Abbott and St. Jude Medical, Inc. announced today an agreement in principle to sell certain products to Terumo Corporation.

Read Full PostRead - Eye Icon
6 Ways You Can Track Employee Hours Online
Strategy
18/01/20216 Ways You Can Track Employee Hours Online

Employee tracking provides accurate logging of employee hours, giving smarter insights not only into projected labor costs but also into employee efficiency and productivity. Accurate employee hours allow employers to generate more accurate payroll numbers to



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow