The lawsuit, filed last month in Ohio, alleges that Owens Corning's subsidiary Paroc sold products that were misrepresented ...

Company allegedly sold ‘fraudulently represented’ and ‘unsafe’ products to Italian group causing over $100mn in damages ...

CVC Capital Partners has acquired Paroc Group for about 700 million euros. Based in Helsinki, Paroc is a maker of stone wool insulation in the Nordic and Baltic regions.

Paroc, which was acquired by New York-listed Owens Corning in 2018, first informed Fincantieri in May that it had lost its certification for these products, people with knowledge of the matter ...

Owens Corning breaks ground for sustainability investment at Paroc Hällekis On 21 August 2024, Owens Corning, owner of Paroc AB, celebrated breaking ground on its new sustainability investment at the ...

Paroc launches €505 million dividend recap loan By Claire Ruckin March 13, 20174:47 AM PDTUpdated March 13, 2017 ...

Paroc's bond left the company with 5.2 times total debt to adjusted earnings before interest tax, depreciation and amortisation (EBITDA), and the clause allows the business to be sold in the first ...

CVC Capital Partners has sold Paroc Group Oyj, a Finnish supplier of insulation products, to U.S. trade buyer Owens Corning Inc. for €900 million ($1.05 billion), Owens Corning said in a statement.

Paroc's 2017 sales are estimated at $477.2 million, and the company operates facilities in Finland, Lithuania, Poland, Russia, and Sweden. Owens Corning said the addition would boost its 2018 ...

The lawsuit, filed last month in Ohio, alleges that Owens Corning's subsidiary Paroc sold products that were misrepresented and posed a safety risk.