USG Corporation
| USG Corporation
|
|
|---|---|
 |
|
| legal form | Corporation |
| founding | 1902 |
| Seat |
Chicago , Illinois , United States
|
| management | Christopher R. Griffin (President and CEO ) |
| Number of employees | 7300 |
| sales | 3.3 billion US dollars |
| Branch | Building materials industry |
| Website | www.usg.com |
| As of December 31, 2018 | |
The USG Corporation is a US building materials manufacturer based in Chicago . The company is primarily known for its plasterboard products. USG is a subsidiary of Gebr. Knauf KG . The United States Gypsum Company was created in 1902 through the merger of 30 formerly independent gypsum manufacturers .
USG was taken over by the Bavarian Knauf Group for seven billion dollars in April 2019. The previous major shareholder was Berkshire Hathaway with a stake of 30.8%. The acquisition represents the largest company takeover in Knauf's history. In the course of the takeover, the shares of USG were delisted .
Individual evidence
- ↑ USG Corporation: Leadership Team , accessed September 18, 2019
- ↑ USG Corporation: SEC-Filing Form 10-K , accessed September 18, 2019
- ↑ USG Corporation: History of USG , accessed September 18, 2019
- ↑ wiwo.de: Buffett stands behind the building materials group Knauf , accessed on September 18, 2019
- ↑ handelsblatt.com: Building materials group Knauf takes over US competitor USG , accessed on September 18, 2019
- ↑ businesswire.com: Knauf Completes Acquisition of USG Corporation , accessed September 18, 2019