The European Commission has officially approved the acquisition of the Battice and Birkeland businesses, known as 3B, by Platinum Equity.
The closing of the transaction between Owens Corning and Platinum Equity recently took place on April 30th whereby Platinum Equity became the new owner of the 3B business.
The Management Team who has been managing the 3B business since November 1st, 2007 independently from Owens Corning will continue to lead the organization.
Platinum Equity is behind 3B’s growth agenda which is considered as one of the top priorities to support the business of customers and to maximize their short and long-term needs in Europe and around the world.
For more information www.platinumequity.com