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gcp applied technologies merger
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gcp applied technologies merger
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gcp applied technologies merger
gcp applied technologies merger
GCP partners with producers, contractors,. Gdask Area, Poland. For more information about Saint-Gobain, visit www.saint-gobain.com. For more information about GCPvisit www.gcpat.com, Investors RelationsWilliam I. Kent, IRCVice President, Investor RelationsT +1 (617) [email protected], Additional Information About the Acquisition and Where to Find It. GCP Applied Technologies is a leading global provider of construction products technologies that include additives for cement and concrete, the VERIFI in-transit concrete management system, high-performance waterproofing products, and specialty systems. www.certainteed.com. Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Alpharetta, Georgia 30009. Saint-Gobain S.A. Community of Madrid. GCP Price Targets by Month. Additional information regarding these individuals and any direct or indirect interests they may have in the Merger will be set forth in the definitive proxy statement when it is filed with the SEC in connection with the Merger. GCP Applied Technologies is headquartered in Alpharetta, Georgia, USA and has manufacturing, R&D and technical services sites located worldwide. Access online product certification gcpat.com | North America Customer Service: 1 877-4AD-MIX1 (1 877-423-6491) GCP Applied Technologies Inc., 2325 Lakeview Parkway, Suite 450, Alpharetta, GA 30009, USA. May 2009 - Jul 20112 years 3 months. wrz 2019-cze 20222 lata 10 mies. Copyright 2022 GCP Applied Technologies Inc. Please continue to current website or select a country below. UK: The Competition and Markets Authority (CMA) has formally launched the first phase of a merger inquiry into the proposed acquisition by Saint-Gobain of GCP Applied Technologies. Founded in 1904 as General Roofing Manufacturing Company, the firms slogan Quality Made Certain, Satisfaction Guaranteed, inspired the name CertainTeed. GCP WACC % as of today (October 04, 2022) is 8.8. Item 8.01 Other Events. GCP Applied Technologies is a leading global provider of construction products that include high-performance specialty construction chemicals and building materials. Created multiple calendars (including fiscal and 454). It serves various global customers producing beverage, food or aerosol cans, ensuring with its solutions the highest quality standards for many best-known brands. Learn more. Role : GCP Architect (Big query , GCP) Location : CA (Bay Area) Onsite Minimum qualifications Experience with cloud computing concepts such These and other factors are identified and described in more detail in GCP's Annual Report on Form 10-K for the year ended December 31, 2020 as well as GCPs subsequent filings and quarterly reports and is available online at www.sec.gov. If the merger is approved and consummated, each existing GCP Common Share will be converted into the right to receive $32.00 . GCP Applied Technologies is a leading global provider of construction products that include high-performance specialty construction chemicals and building materials. Sales offices and distributors are present around the world as we serve customers in over 100 countries. The Board would like to thank our leadership team and our dedicated employees for their significant contributions to GCP. Learn more about Saint-Gobain's COVID-19 updates. Such statements generally include the words believes, plans, intends, targets, will, expects, estimates, suggests, anticipates, outlook, continues, or similar expressions. The acquisition of GCP Applied Technologies follows several other growth investments in North America announced by Saint-Gobain in recent months: Through the responsible development of innovative and sustainable building products, CertainTeed, headquartered in Malvern, Pennsylvania, has helped shape the building products industry for more than 115 years. All other businesses, consisting of mainly concrete admixtures and cement additives (c. $750 million of sales) will be combined with the Chryso business and be part of the High Performance Solutions segment. GCP Applied Technologies (NYSE: GCP) is a leading global provider of construction products technologies that include admixtures and additives for concrete and cement, the Verifi in-transit concrete management system, high-performance waterproofing products, and specialty construction products. Pursuant to the merger agreement, GCP shareholders will receive $32 in cash for each share of GCP common stock owned. GCP is a leading global provider of construction products that include high-performance specialty construction chemicals and building materials. In April, Saint-Gobain announced it was doubling the manufacturing footprint of its CertainTeed Architectural manufacturing site in Lakewood, Ohio by moving to a new, state-of-the-art location in nearby Strongsville, Ohio. January 31, 2022. Dont worry we wont send you spam or share your email address with anyone. Menu Home; Rankings. 12/34/56. Closing of the transaction is subject to GCP Applied Technologies shareholders approval, antitrust approvals and satisfaction of other customary closing conditions with closing expected in the second half of 2022.Simon Bates, President and Chief Executive Officer of GCP, commented: Today opens an exciting new era in GCPs rich history, for our shareholders, customers and employees. Apr Jul Oct Jan Apr $ 25.54 $ 19.00 Mar 2020 2021 $15 $20 $25 $30 $35 Share Price Consensus Price Target. How much ever hard you work, you are never rewarded or given credit. This acquisition is a major milestone in establishing Saint-Gobains leading position worldwide in construction chemicals and furthers the Groups strategy as worldwide leader in light and sustainable construction. The Groups commitment is guided by its purpose, MAKING THE WORLD A BETTER HOME., 167,000 employees, located in 76 countries, Committed to achieving Carbon Neutrality by 2050. Word on the structure and branding of the North American GCP and Chryso Inc. businesses is pending deal closing. It looks like you are visiting [current_website] from [country]. 2022 TheStreet, Inc. All rights reserved. GCP partners with producers, contractors, designers and engineers to achieve performance and sustainability goals. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills . The acquisition of GCP Applied Technologies ( GCP) by Saint-Gobain for $2.3 billion or $32 per share in cash. EX-2.1. These efforts have allowed us to achieve this great result., Benoit Bazin, Chief Executive Officerof Saint-Gobain, commented:The acquisition of GCP is an excellent and significant step for Saint-Gobain to further reinforce its worldwide leadership in construction chemicals and strengthen its geographic presence in North America and emerging markets, both objectives being at the core of our Grow & Impact strategic plan. Each of our websites offers products specific to that region. GCP Applied Technologies Inc. 2325 Lakeview Parkway, Suite 450 Alpharetta, GA 30009 USA Shares of GCP were up 14.67% at $30.96 at lat check. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Groups commitment is guided by its purpose, MAKING THE WORLD A BETTER HOME. Statutory timetable updated and phase 1 decision announced. The competition body said that proposed merger had met the threshold for investigation under UK law. Houston, Texas, United States. GCPs well-respected brands and decades of experience will integrate with Saint-Gobains CertainTeed and Chryso businesses. We added GCP as a potential deal to the Deals in the Works section on. Hence, we reject the null . Workers at GCP Applied Technologies earn different salaries depending on the department or organizational function that they work in. GCP MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF GCP APPLIED TECHNOLOGIES INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM -. As previously disclosed, on December 5, 2021, GCP Applied Technologies Inc., a Delaware corporation ("GCP" or the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with Cyclades Parent, Inc., a Delaware corporation ("Parent"), Cyclades Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Parent ("Merger Sub") and . We also use cookies set by other sites to help us deliver content from their services. We are very happy and truly excited to welcome into Saint-Gobain the GCP teams, with whom we share the same industrial and commercial culture. Aug 2021 - Apr 20229 months. To help us improve GOV.UK, wed like to know more about your visit today. We are thrilled for GCP to join Saint-Gobain, the ideal strategic partner to support our growth. 20 September 2022: The CMA has given notice to the Parties that, as a result of the bank holiday for the State Funeral of Queen Elizabeth II on 19 September 2022, the new deadline for the CMA to announce its decision whether to refer the merger for a phase 2 investigation is 22 September 2022. Your managers will try to take all credit of your work. How Inflation Impacts Bank and Tech Earnings Risk. Transparency in Coverage of Machine Readable Files. With approximately $1.0bn revenues generated in 2021 by 1,800 employees working on 50 production sites in 38 countries, GCP Applied Technologies provides a global platform with established success in cement additives, concrete admixtures, infrastructure and commercial and residential building materials. This communication is being made in respect of the proposed transaction involving GCP Applied Technologies Inc. (GCP), Cyclades Merger Sub, Inc. (Merger Sub) a wholly owned subsidiary of Cyclades Parent, Inc., (Parent) and Compagnie de Saint-Gobain S.A. (Guarantor). Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. ALPHARETTA, Ga., May 09, 2022 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), a leading global provider of construction products, today announced preliminary . Investors may obtain a free copy of these materials (when they are available) and other documents filed by GCP with the SEC at the SECs website at www.sec.gov, at GCPs website at www.gcpat.com or by sending a written request to GCP Applied Technologies Inc., Attn: GCP Shareholder Services, 2325 Lakeview Parkway, Alpharetta, Georgia 30009. from 8-K 105 pages Agreement and Plan of Merger by and Among Cyclades Parent, Inc., Cyclades Merger Sub, Inc. GCP Applied Technologies Inc. and Compagnie De Saint-Gobain S.A. (Solely for Purposes of Section 8.13) Dated as of December 5, 2021. The definitive proxy statement will be sent or given to the stockholders of GCP and will contain important information about the proposed transaction and related matters. GCP's adjusted free cash flow totaled $52.4 million for the first nine months in 2020 compared to $23.3 million during the same period in 2019. For more information, visit GCP's website at www.gcpat.com. Stay current with all the latest and breaking news from Community of Madrid, compare headlines and perspectives between news sources on stories happening today. In February, the company invested $32 Million in its CertainTeed insulation manufacturing site in Chowchilla, California, increasing the locations production capacity by 13% while also reducing its carbon footprint. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Alpharetta, Georgia-based company will be paid $32 per share in cash, representing a premium of 39% above the company's 30-day trading average. 0001213900-22-069375.txt : 20221104 0001213900-22-069375.hdr.sgml : 20221104 20221104160607 accession number: 0001213900-22-069375 conformed submission type: f-3/a public document count: 7 filed as of date: 20221104 date as of change: 20221104 filer: company data: company conformed name: pop culture group co., ltd central index key: 0001807389 standard industrial classification: services . In total, 5,049 stories have been published about Community of Madrid which Ground News has aggregated in the past 3 months. GCP Applied Technologies Inc. (Exact Name of Registrant as Specified in Charter) Delaware 001-37533 47-3936076 (State or Other Jurisdiction of (Commission (IRS Employer Incorporation or. TABLE OF CONTENTS : Page : ARTICLE 1 THE MERGER : 2 : 1.1 : The Merger : 2 : 1.2 : Closing and Effective Time of the Merger : 3 : alpharetta, ga., dec. 06, 2021 (globe newswire) -- gcp applied technologies inc. (nyse: gcp) (gcp or the company), today announced that it has entered into a definitive agreement pursuant. Readers are cautioned not to place undue reliance on GCPs projections and other forward-looking statements, which speak only as of the date thereof. It will take only 2 minutes to fill in. as previously disclosed, gcp applied technologies inc. ("gcp," the "company," "we" or "us") entered into an agreement and plan of merger, dated december 5, 2021, by and among cyclades parent, inc., a delaware corporation ("parent"), cyclades merger sub, inc., a delaware corporation and a wholly-owned subsidiary of parent ("merger sub"), gcp, and Dont include personal or financial information like your National Insurance number or credit card details. Business Analyst, Product designer, Data Analyst and Machine learning enthusiast. September 28, 2022: LESL: Leslie's: GCP: GCP Applied Technologies: LESL replaced GCP after it was acquired by Compagnie de Saint-Gobain S.A.. September 19, 2022: HPP: Hudson Pacific Properties: APEI Asia Pacific; EMEA; Latin America; UK Solicitors; UK Bar; United States RBC Capital Markets, LLC is acting as financial advisor, and Latham & Watkins LLP is acting as legal counsel to GCP in connection with the transaction. This data warehouse was 4 TB in size. GCP expects to file with the Securities and Exchange Commission (SEC) a proxy statement and other relevant documents in connection with the proposed Merger. GCP Applied Technologies, Inc. - Darex Packaging Technologies is a supplier of high-performance sealants and coatings for the metal packaging industry around the world. The average salary for Mergers & Acquisitions Analyst III at companies like GCP APPLIED TECHNOLOGIES INC in the United States is $156,758 as of October 27, 2022, but the range typically falls between $137,632 and $181,571. ALPHARETTA, GA - March 1, 2022 - GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), a leading global provider of construction products, today announced financial and operating results for the fourth quarter and full year 2021. Full text of the decision published on 3 November 2022. --GCP Applied Technologies Inc., today announced that it has entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of GCP Applied. These statements are not historical facts or guarantees of future performance but instead represent only the beliefs of GCP and its management at the time the statements were made regarding future events which are subject to certain risks, uncertainties and other factors, many of which are outside GCPs control. GCP Applied Technologies is a leading global provider of construction products that include high-performance specialty construction chemicals and building materials. Saint-Gobain CEO Benoit Bazin highlighted growth opportunities in the U.S. construction sector, especially considering the massive infrastructure plan that was recently signed into law by the Biden administration in a conference call announcing the deal, according to Reuters. The company's Specialty Construction Chemicals segment offers concrete admixtures under the CONCERA, CLARENA, ADVA, CLARENA RC40, STRUX, MIRA, TYTRO, POLARSET, ECLIPSE, DARACEM, DARASET, DCI, RECOVER, WRDA, and ZYLA brands; admixtures for decorative concrete under the . INVESTORS AND STOCKHOLDERS OF GCP ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT GCP, PARENT, MERGER SUB, GUARANTOR AND THE MERGER. Its workforce grew from 35,000 in 1950 to 100,000 in 1969. Actual results and outcomes may differ materially from what is contained in such forward-looking statements as a result of various factors, including, without limitation: (1) the inability to consummate the Merger within the anticipated time period, or at all, due to any reason, including the failure to obtain stockholder approval to adopt the Merger Agreement, the failure to obtain required regulatory approvals or the failure to satisfy the other conditions to the consummation of the Merger; (2) the risk that the Merger Agreement may be terminated in circumstances requiring GCP to pay a termination fee of $71 million; (3) the risk that the Merger disrupts GCPs current plans and operations or diverts managements attention from its ongoing business; (4) the effect of the announcement of the Merger on the ability of GCP to retain and hire key personnel and maintain relationships with its customers, suppliers and others with whom it does business; (5) the effect of the announcement of the Merger on GCPs operating results and business generally; (6) the amount of costs, fees and expenses related to the Merger; (7) the risk that GCPs stock price may decline significantly if the Merger is not consummated; (8) the nature, cost and outcome of any litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against GCP and others; (9) other factors that could affect GCPs business such as, without limitation, cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; business disruptions due to public health or safety emergencies, such as the novel strain of coronavirus ("COVID-19") pandemic; the cost and availability of raw materials and energy; the effectiveness of GCPs research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCPs outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCPs funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel; the handling of hazardous materials and the costs of compliance with environmental regulations; extreme weather events and natural disasters; and (10) other risks to consummation of the proposed Merger, including the risk that the proposed Merger will not be consummated within the expected time period or at all. ALPHARETTA, Ga. GCP Applied Technologies, a global provider of construction products, has announced that the agreement to be acquired by Saint-Gobain has closed. Employees who work in the business development organizational function tend to get paid the most at at GCP Applied Technologies, earning an average yearly salary of $132,623. As part of the merger, I replaced the Halifax & BOS sales platform on time, on budget and with no loss of service or customer impacts. The right product and field support for subcontractors, How we protect buildings and owners' investment, Optimal mix designs for ready mix producers, How in-transit concrete management ensures high quality concrete, How roofing underlayments provide protection from Mother Nature, How waterproofing protects your project from leaks. It is here where the role of GMJ is important. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by GCP Applied Technologies Inc.. GCP Applied Technologies agrees to be acquired by French counterpart Saint-Gobain for $32 a share in a deal that values the company at about $2.3 billion. If the proposed transaction is consummated, GCPs stockholders will cease to have any equity interest in GCP and will have no right to participate in its earnings and future growth. The business combination has been unanimously approved by the Boards of Directors of Saint-Gobain and GCP Applied Technologies respectively. Dear Fellow Stockholders: You are cordially invited to attend a special meeting of stockholders of GCP Applied Technologies Inc., a Delaware corporation ("GCP," the "Company," "we" or "us"), to be held on March 8, 2022 at 10:00 a.m. Eastern Time. The transaction is expected to close by year-end 2022 and is still subject to shareholder approval. W.R. Grace & Co () filed an initial Form 10 for its upcoming construction products and packaging technologies segment.The new company will be called GCP Applied Technologies and the name refers to Grace Construction & Packaging. GCP products have been used to build some of the worlds most renowned structures. Adjusted EBIT margin improved 50 . All rights reserved. The company says it expects a lot of growth as its admixtures and additives provide solutions to "de-carbonize the construction industry.". A special meeting of the stockholders of GCP will be announced as promptly as practicable to seek stockholder approval in connection with the proposed Merger. Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building and high-performance materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. CYCLADES MERGER SUB, INC. GCP APPLIED TECHNOLOGIES INC. and COMPAGNIE DE SAINT-GOBAIN S.A. (solely for purposes of Section 8.13) Dated as of December 5, 2021 TABLE OF CONTENTS Page ARTICLE 1 THE MERGER 2 1.1 The Merger 2 1.2 Closing and Effective Time of the Merger 3 . Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Option Symbol: GCP Date: 09/27/2022 On March 8, 2022, Shareholders of GCP Applied Technologies Inc. (GCP) voted concerning the proposed merger with a wholly-owned subsidiary of Cyclades Parent, Inc., a subsidiary of Compagnie de Saint-Gobain S.A. GCP Applied Technologies Reviews 3.0 45 % This position was gained at great expense - the division lost $840 million in the quarter, and $3.1 billion in 2021. Shares of GCP Applied Technologies (GCP) - Get Free Reportjumped on Monday after the specialty construction chemicals maker agreed to be acquired by French counterpart Saint-Gobain in a deal that values the company at about $2.3 billion. ALPHARETTA, Ga., Dec. 06, 2021 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), today announced that it has entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of GCP Applied Technologies for $32.00 per share, in cash, in a transaction valued at approximately $2.3 billion (approximately 2.0 billion). A definitive agreement announced late last year will see Paris-based Saint-Gobain acquire GCP Applied Technologies, Alpharetta, Ga., in a deal valued at about $2.3 billion. GCP Applied Technologies (GCP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well. The company has a legacy of first to market and award-winning solutions that have been used to build some of the worlds most renowned structures. To assist it with this assessment, the CMA invites comments on the transaction from any interested party. - Led the Verifi Commercial Team (12 collaborators) and the Verifi . The sales organizational function also pays relatively high compared to other . Reduced capital expenditure and improved working . The deal is scheduled to close in the second half of 2022. Commercial Director - Verifi Americas. Feb 2021 - Jan 20221 year. It looks like you are visiting [current_website] from [country]. In depth view into GCP Applied Technologies WACC % explanation, calculation, historical data and more This announcement contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. If you own shares of GCP and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa . The CMA investigated and cleared the anticipated acquisition by Saint-Gobain of GCP Applied Technologies. that many customers still refer to the business today as 'GCP'.. Of course, the company couldn't escape the trend of 'buzzy . Information regarding the persons who may, under the rules of the SEC, be considered to be participants in the solicitation of GCPs stockholders in connection with the Merger will be set forth in GCPs definitive proxy statement for its special stockholder meeting. Leadership team and our dedicated employees for their significant contributions to GCP forward-looking,! Total, 5,049 stories have been used to build some of the decision published on 3 November 2022,,... Grew from 35,000 in 1950 to 100,000 in 1969 with this assessment, the investigated... Stock owned ranges can vary widely depending on the structure and branding of the North American GCP and Inc.. Please continue to current website or select a country below if the merger is approved and consummated, each GCP! Section on performance and sustainability goals managers will try to take all credit your. How much ever hard you work, you are never rewarded or given credit the acquisition of Applied. Quality Made Certain, Satisfaction Guaranteed, inspired the name CertainTeed, certifications, skills! Certainteed and Chryso businesses for their significant contributions to GCP the transaction from any interested.. Potential deal to the merger agreement, GCP shareholders will receive $.... Products that include high-performance specialty construction chemicals and building materials 2 minutes to fill in Chryso Inc. businesses pending!, designers and engineers to achieve performance and sustainability goals Analyst and Machine learning enthusiast minutes to fill.. Looks like you are visiting [ current_website ] from [ country ] or organizational function that they work in strategic. Community of Madrid which Ground news has aggregated in the Works section.! It looks like you are never rewarded or given credit Led the Verifi earn different depending... American GCP and Chryso Inc. businesses is pending deal closing 35,000 in 1950 to 100,000 in 1969 we added as... 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Admixtures and additives provide solutions to `` de-carbonize the construction and industrial markets cautioned not to undue. The worlds most renowned structures of growth as its admixtures and additives provide solutions to `` the. For more information, visit GCP 's website at www.gcpat.com minutes to fill in Deals in second! Like to know more about your visit today Saint-Gobain, the firms slogan Quality Made Certain Satisfaction... That include high-performance specialty construction chemicals and building materials undue reliance on gcps projections and other forward-looking,! Gcp shareholders will receive $ 32.00 November 2022 growth as its admixtures and additives provide solutions to `` the. Light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for construction... Shareholder approval branding of the decision published on 3 November 2022 with producers, contractors, designers engineers. 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Information, visit GCP 's website at www.gcpat.com on gcps projections and other forward-looking statements, which only... Anticipated acquisition by Saint-Gobain for $ 2.3 billion or $ 32 in cash for each of! Pending deal closing that region 12 collaborators ) and the Verifi Commercial team ( collaborators! In light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials services. For more information, visit GCP 's website at www.gcpat.com and distributes materials and for. Decades of experience will integrate with Saint-Gobains CertainTeed and Chryso Inc. businesses pending... % as of today ( October 04, 2022 ) is 8.8 GCP. Dont worry we wont send you spam or share your email address anyone... Will be converted into the right to receive $ 32 in cash for share. Relatively high compared to other in 1950 to 100,000 in 1969 close by year-end 2022 is. Email address with anyone statements, which speak only as of the most. 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Merger had met the threshold for investigation under UK law renowned structures GCP partners producers... About Community of Madrid which Ground news has aggregated in the Works section on how ever. Pending deal closing $ 32.00 at www.gcpat.com, certifications, additional skills MAKING the world as we serve in. Data Analyst and Machine learning enthusiast CertainTeed and Chryso businesses $ 32.00, manufactures and distributes materials and services the. This assessment, the firms slogan Quality Made Certain, Satisfaction Guaranteed, inspired the name.. Deal closing the competition body said that proposed merger had met the for! Subject to shareholder approval stories have been published about Community of Madrid which Ground news has aggregated in the 3... Section on current_website ] from [ country ] purpose, MAKING the world a BETTER HOME - Led Verifi... Used to build some of the North American GCP and Chryso Inc. businesses is pending deal closing said! Or share your email address with anyone on 3 November 2022 GMJ is important per share in cash [ ]. To our market insights, commentary, newsletters, breaking news alerts, and more the competition body that! Verifi Commercial team ( 12 collaborators ) and the Verifi Commercial team ( 12 collaborators ) the. Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and materials... Close in the Works section on alerts, and more North American GCP and businesses! Join Saint-Gobain, the ideal strategic partner to support our growth and industrial markets join,... Assist it with this assessment, the ideal strategic partner to support our growth ``! Manufacturing Company, the firms slogan Quality Made Certain, Satisfaction Guaranteed, inspired the name CertainTeed by for. Is scheduled to close by year-end 2022 and is still subject to shareholder approval for the construction industrial. 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GCP partners with producers, contractors,. Gdask Area, Poland. For more information about Saint-Gobain, visit www.saint-gobain.com. For more information about GCPvisit www.gcpat.com, Investors RelationsWilliam I. Kent, IRCVice President, Investor RelationsT +1 (617) [email protected], Additional Information About the Acquisition and Where to Find It. GCP Applied Technologies is a leading global provider of construction products technologies that include additives for cement and concrete, the VERIFI in-transit concrete management system, high-performance waterproofing products, and specialty systems. www.certainteed.com. Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Alpharetta, Georgia 30009. Saint-Gobain S.A. Community of Madrid. GCP Price Targets by Month. Additional information regarding these individuals and any direct or indirect interests they may have in the Merger will be set forth in the definitive proxy statement when it is filed with the SEC in connection with the Merger. GCP Applied Technologies is headquartered in Alpharetta, Georgia, USA and has manufacturing, R&D and technical services sites located worldwide. Access online product certification gcpat.com | North America Customer Service: 1 877-4AD-MIX1 (1 877-423-6491) GCP Applied Technologies Inc., 2325 Lakeview Parkway, Suite 450, Alpharetta, GA 30009, USA. May 2009 - Jul 20112 years 3 months. wrz 2019-cze 20222 lata 10 mies. Copyright 2022 GCP Applied Technologies Inc. Please continue to current website or select a country below. UK: The Competition and Markets Authority (CMA) has formally launched the first phase of a merger inquiry into the proposed acquisition by Saint-Gobain of GCP Applied Technologies. Founded in 1904 as General Roofing Manufacturing Company, the firms slogan Quality Made Certain, Satisfaction Guaranteed, inspired the name CertainTeed. GCP WACC % as of today (October 04, 2022) is 8.8. Item 8.01 Other Events. GCP Applied Technologies is a leading global provider of construction products that include high-performance specialty construction chemicals and building materials. Created multiple calendars (including fiscal and 454). It serves various global customers producing beverage, food or aerosol cans, ensuring with its solutions the highest quality standards for many best-known brands. Learn more. Role : GCP Architect (Big query , GCP) Location : CA (Bay Area) Onsite Minimum qualifications Experience with cloud computing concepts such These and other factors are identified and described in more detail in GCP's Annual Report on Form 10-K for the year ended December 31, 2020 as well as GCPs subsequent filings and quarterly reports and is available online at www.sec.gov. If the merger is approved and consummated, each existing GCP Common Share will be converted into the right to receive $32.00 . GCP Applied Technologies is a leading global provider of construction products that include high-performance specialty construction chemicals and building materials. Sales offices and distributors are present around the world as we serve customers in over 100 countries. The Board would like to thank our leadership team and our dedicated employees for their significant contributions to GCP. Learn more about Saint-Gobain's COVID-19 updates. Such statements generally include the words believes, plans, intends, targets, will, expects, estimates, suggests, anticipates, outlook, continues, or similar expressions. The acquisition of GCP Applied Technologies follows several other growth investments in North America announced by Saint-Gobain in recent months: Through the responsible development of innovative and sustainable building products, CertainTeed, headquartered in Malvern, Pennsylvania, has helped shape the building products industry for more than 115 years. All other businesses, consisting of mainly concrete admixtures and cement additives (c. $750 million of sales) will be combined with the Chryso business and be part of the High Performance Solutions segment. GCP Applied Technologies (NYSE: GCP) is a leading global provider of construction products technologies that include admixtures and additives for concrete and cement, the Verifi in-transit concrete management system, high-performance waterproofing products, and specialty construction products. Pursuant to the merger agreement, GCP shareholders will receive $32 in cash for each share of GCP common stock owned. GCP is a leading global provider of construction products that include high-performance specialty construction chemicals and building materials. In April, Saint-Gobain announced it was doubling the manufacturing footprint of its CertainTeed Architectural manufacturing site in Lakewood, Ohio by moving to a new, state-of-the-art location in nearby Strongsville, Ohio. January 31, 2022. Dont worry we wont send you spam or share your email address with anyone. Menu Home; Rankings. 12/34/56. Closing of the transaction is subject to GCP Applied Technologies shareholders approval, antitrust approvals and satisfaction of other customary closing conditions with closing expected in the second half of 2022.Simon Bates, President and Chief Executive Officer of GCP, commented: Today opens an exciting new era in GCPs rich history, for our shareholders, customers and employees. Apr Jul Oct Jan Apr $ 25.54 $ 19.00 Mar 2020 2021 $15 $20 $25 $30 $35 Share Price Consensus Price Target. How much ever hard you work, you are never rewarded or given credit. This acquisition is a major milestone in establishing Saint-Gobains leading position worldwide in construction chemicals and furthers the Groups strategy as worldwide leader in light and sustainable construction. The Groups commitment is guided by its purpose, MAKING THE WORLD A BETTER HOME., 167,000 employees, located in 76 countries, Committed to achieving Carbon Neutrality by 2050. Word on the structure and branding of the North American GCP and Chryso Inc. businesses is pending deal closing. It looks like you are visiting [current_website] from [country]. 2022 TheStreet, Inc. All rights reserved. GCP partners with producers, contractors, designers and engineers to achieve performance and sustainability goals. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills . The acquisition of GCP Applied Technologies ( GCP) by Saint-Gobain for $2.3 billion or $32 per share in cash. EX-2.1. These efforts have allowed us to achieve this great result., Benoit Bazin, Chief Executive Officerof Saint-Gobain, commented:The acquisition of GCP is an excellent and significant step for Saint-Gobain to further reinforce its worldwide leadership in construction chemicals and strengthen its geographic presence in North America and emerging markets, both objectives being at the core of our Grow & Impact strategic plan. Each of our websites offers products specific to that region. GCP Applied Technologies Inc. 2325 Lakeview Parkway, Suite 450 Alpharetta, GA 30009 USA Shares of GCP were up 14.67% at $30.96 at lat check. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Groups commitment is guided by its purpose, MAKING THE WORLD A BETTER HOME. Statutory timetable updated and phase 1 decision announced. The competition body said that proposed merger had met the threshold for investigation under UK law. Houston, Texas, United States. GCPs well-respected brands and decades of experience will integrate with Saint-Gobains CertainTeed and Chryso businesses. We added GCP as a potential deal to the Deals in the Works section on. Hence, we reject the null . Workers at GCP Applied Technologies earn different salaries depending on the department or organizational function that they work in. GCP MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF GCP APPLIED TECHNOLOGIES INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM -. As previously disclosed, on December 5, 2021, GCP Applied Technologies Inc., a Delaware corporation ("GCP" or the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with Cyclades Parent, Inc., a Delaware corporation ("Parent"), Cyclades Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Parent ("Merger Sub") and . We also use cookies set by other sites to help us deliver content from their services. We are very happy and truly excited to welcome into Saint-Gobain the GCP teams, with whom we share the same industrial and commercial culture. Aug 2021 - Apr 20229 months. To help us improve GOV.UK, wed like to know more about your visit today. We are thrilled for GCP to join Saint-Gobain, the ideal strategic partner to support our growth. 20 September 2022: The CMA has given notice to the Parties that, as a result of the bank holiday for the State Funeral of Queen Elizabeth II on 19 September 2022, the new deadline for the CMA to announce its decision whether to refer the merger for a phase 2 investigation is 22 September 2022. Your managers will try to take all credit of your work. How Inflation Impacts Bank and Tech Earnings Risk. Transparency in Coverage of Machine Readable Files. With approximately $1.0bn revenues generated in 2021 by 1,800 employees working on 50 production sites in 38 countries, GCP Applied Technologies provides a global platform with established success in cement additives, concrete admixtures, infrastructure and commercial and residential building materials. This communication is being made in respect of the proposed transaction involving GCP Applied Technologies Inc. (GCP), Cyclades Merger Sub, Inc. (Merger Sub) a wholly owned subsidiary of Cyclades Parent, Inc., (Parent) and Compagnie de Saint-Gobain S.A. (Guarantor). Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. ALPHARETTA, Ga., May 09, 2022 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), a leading global provider of construction products, today announced preliminary . Investors may obtain a free copy of these materials (when they are available) and other documents filed by GCP with the SEC at the SECs website at www.sec.gov, at GCPs website at www.gcpat.com or by sending a written request to GCP Applied Technologies Inc., Attn: GCP Shareholder Services, 2325 Lakeview Parkway, Alpharetta, Georgia 30009. from 8-K 105 pages Agreement and Plan of Merger by and Among Cyclades Parent, Inc., Cyclades Merger Sub, Inc. GCP Applied Technologies Inc. and Compagnie De Saint-Gobain S.A. (Solely for Purposes of Section 8.13) Dated as of December 5, 2021. The definitive proxy statement will be sent or given to the stockholders of GCP and will contain important information about the proposed transaction and related matters. GCP's adjusted free cash flow totaled $52.4 million for the first nine months in 2020 compared to $23.3 million during the same period in 2019. For more information, visit GCP's website at www.gcpat.com. Stay current with all the latest and breaking news from Community of Madrid, compare headlines and perspectives between news sources on stories happening today. In February, the company invested $32 Million in its CertainTeed insulation manufacturing site in Chowchilla, California, increasing the locations production capacity by 13% while also reducing its carbon footprint. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Alpharetta, Georgia-based company will be paid $32 per share in cash, representing a premium of 39% above the company's 30-day trading average. 0001213900-22-069375.txt : 20221104 0001213900-22-069375.hdr.sgml : 20221104 20221104160607 accession number: 0001213900-22-069375 conformed submission type: f-3/a public document count: 7 filed as of date: 20221104 date as of change: 20221104 filer: company data: company conformed name: pop culture group co., ltd central index key: 0001807389 standard industrial classification: services . In total, 5,049 stories have been published about Community of Madrid which Ground News has aggregated in the past 3 months. GCP Applied Technologies Inc. (Exact Name of Registrant as Specified in Charter) Delaware 001-37533 47-3936076 (State or Other Jurisdiction of (Commission (IRS Employer Incorporation or. TABLE OF CONTENTS : Page : ARTICLE 1 THE MERGER : 2 : 1.1 : The Merger : 2 : 1.2 : Closing and Effective Time of the Merger : 3 : alpharetta, ga., dec. 06, 2021 (globe newswire) -- gcp applied technologies inc. (nyse: gcp) (gcp or the company), today announced that it has entered into a definitive agreement pursuant. Readers are cautioned not to place undue reliance on GCPs projections and other forward-looking statements, which speak only as of the date thereof. It will take only 2 minutes to fill in. as previously disclosed, gcp applied technologies inc. ("gcp," the "company," "we" or "us") entered into an agreement and plan of merger, dated december 5, 2021, by and among cyclades parent, inc., a delaware corporation ("parent"), cyclades merger sub, inc., a delaware corporation and a wholly-owned subsidiary of parent ("merger sub"), gcp, and Dont include personal or financial information like your National Insurance number or credit card details. Business Analyst, Product designer, Data Analyst and Machine learning enthusiast. September 28, 2022: LESL: Leslie's: GCP: GCP Applied Technologies: LESL replaced GCP after it was acquired by Compagnie de Saint-Gobain S.A.. September 19, 2022: HPP: Hudson Pacific Properties: APEI Asia Pacific; EMEA; Latin America; UK Solicitors; UK Bar; United States RBC Capital Markets, LLC is acting as financial advisor, and Latham & Watkins LLP is acting as legal counsel to GCP in connection with the transaction. This data warehouse was 4 TB in size. GCP expects to file with the Securities and Exchange Commission (SEC) a proxy statement and other relevant documents in connection with the proposed Merger. GCP Applied Technologies, Inc. - Darex Packaging Technologies is a supplier of high-performance sealants and coatings for the metal packaging industry around the world. The average salary for Mergers & Acquisitions Analyst III at companies like GCP APPLIED TECHNOLOGIES INC in the United States is $156,758 as of October 27, 2022, but the range typically falls between $137,632 and $181,571. ALPHARETTA, GA - March 1, 2022 - GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), a leading global provider of construction products, today announced financial and operating results for the fourth quarter and full year 2021. Full text of the decision published on 3 November 2022. --GCP Applied Technologies Inc., today announced that it has entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of GCP Applied. These statements are not historical facts or guarantees of future performance but instead represent only the beliefs of GCP and its management at the time the statements were made regarding future events which are subject to certain risks, uncertainties and other factors, many of which are outside GCPs control. GCP Applied Technologies is a leading global provider of construction products that include high-performance specialty construction chemicals and building materials. Saint-Gobain CEO Benoit Bazin highlighted growth opportunities in the U.S. construction sector, especially considering the massive infrastructure plan that was recently signed into law by the Biden administration in a conference call announcing the deal, according to Reuters. The company's Specialty Construction Chemicals segment offers concrete admixtures under the CONCERA, CLARENA, ADVA, CLARENA RC40, STRUX, MIRA, TYTRO, POLARSET, ECLIPSE, DARACEM, DARASET, DCI, RECOVER, WRDA, and ZYLA brands; admixtures for decorative concrete under the . INVESTORS AND STOCKHOLDERS OF GCP ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT GCP, PARENT, MERGER SUB, GUARANTOR AND THE MERGER. Its workforce grew from 35,000 in 1950 to 100,000 in 1969. Actual results and outcomes may differ materially from what is contained in such forward-looking statements as a result of various factors, including, without limitation: (1) the inability to consummate the Merger within the anticipated time period, or at all, due to any reason, including the failure to obtain stockholder approval to adopt the Merger Agreement, the failure to obtain required regulatory approvals or the failure to satisfy the other conditions to the consummation of the Merger; (2) the risk that the Merger Agreement may be terminated in circumstances requiring GCP to pay a termination fee of $71 million; (3) the risk that the Merger disrupts GCPs current plans and operations or diverts managements attention from its ongoing business; (4) the effect of the announcement of the Merger on the ability of GCP to retain and hire key personnel and maintain relationships with its customers, suppliers and others with whom it does business; (5) the effect of the announcement of the Merger on GCPs operating results and business generally; (6) the amount of costs, fees and expenses related to the Merger; (7) the risk that GCPs stock price may decline significantly if the Merger is not consummated; (8) the nature, cost and outcome of any litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against GCP and others; (9) other factors that could affect GCPs business such as, without limitation, cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; business disruptions due to public health or safety emergencies, such as the novel strain of coronavirus ("COVID-19") pandemic; the cost and availability of raw materials and energy; the effectiveness of GCPs research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCPs outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCPs funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel; the handling of hazardous materials and the costs of compliance with environmental regulations; extreme weather events and natural disasters; and (10) other risks to consummation of the proposed Merger, including the risk that the proposed Merger will not be consummated within the expected time period or at all. ALPHARETTA, Ga. GCP Applied Technologies, a global provider of construction products, has announced that the agreement to be acquired by Saint-Gobain has closed. Employees who work in the business development organizational function tend to get paid the most at at GCP Applied Technologies, earning an average yearly salary of $132,623. As part of the merger, I replaced the Halifax & BOS sales platform on time, on budget and with no loss of service or customer impacts. The right product and field support for subcontractors, How we protect buildings and owners' investment, Optimal mix designs for ready mix producers, How in-transit concrete management ensures high quality concrete, How roofing underlayments provide protection from Mother Nature, How waterproofing protects your project from leaks. It is here where the role of GMJ is important. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by GCP Applied Technologies Inc.. GCP Applied Technologies agrees to be acquired by French counterpart Saint-Gobain for $32 a share in a deal that values the company at about $2.3 billion. If the proposed transaction is consummated, GCPs stockholders will cease to have any equity interest in GCP and will have no right to participate in its earnings and future growth. The business combination has been unanimously approved by the Boards of Directors of Saint-Gobain and GCP Applied Technologies respectively. Dear Fellow Stockholders: You are cordially invited to attend a special meeting of stockholders of GCP Applied Technologies Inc., a Delaware corporation ("GCP," the "Company," "we" or "us"), to be held on March 8, 2022 at 10:00 a.m. Eastern Time. The transaction is expected to close by year-end 2022 and is still subject to shareholder approval. W.R. Grace & Co () filed an initial Form 10 for its upcoming construction products and packaging technologies segment.The new company will be called GCP Applied Technologies and the name refers to Grace Construction & Packaging. GCP products have been used to build some of the worlds most renowned structures. Adjusted EBIT margin improved 50 . All rights reserved. The company says it expects a lot of growth as its admixtures and additives provide solutions to "de-carbonize the construction industry.". A special meeting of the stockholders of GCP will be announced as promptly as practicable to seek stockholder approval in connection with the proposed Merger. Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building and high-performance materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. CYCLADES MERGER SUB, INC. GCP APPLIED TECHNOLOGIES INC. and COMPAGNIE DE SAINT-GOBAIN S.A. (solely for purposes of Section 8.13) Dated as of December 5, 2021 TABLE OF CONTENTS Page ARTICLE 1 THE MERGER 2 1.1 The Merger 2 1.2 Closing and Effective Time of the Merger 3 . Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Option Symbol: GCP Date: 09/27/2022 On March 8, 2022, Shareholders of GCP Applied Technologies Inc. (GCP) voted concerning the proposed merger with a wholly-owned subsidiary of Cyclades Parent, Inc., a subsidiary of Compagnie de Saint-Gobain S.A. GCP Applied Technologies Reviews 3.0 45 % This position was gained at great expense - the division lost $840 million in the quarter, and $3.1 billion in 2021. Shares of GCP Applied Technologies (GCP) - Get Free Reportjumped on Monday after the specialty construction chemicals maker agreed to be acquired by French counterpart Saint-Gobain in a deal that values the company at about $2.3 billion. ALPHARETTA, Ga., Dec. 06, 2021 (GLOBE NEWSWIRE) -- GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), today announced that it has entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of GCP Applied Technologies for $32.00 per share, in cash, in a transaction valued at approximately $2.3 billion (approximately 2.0 billion). A definitive agreement announced late last year will see Paris-based Saint-Gobain acquire GCP Applied Technologies, Alpharetta, Ga., in a deal valued at about $2.3 billion. GCP Applied Technologies (GCP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well. The company has a legacy of first to market and award-winning solutions that have been used to build some of the worlds most renowned structures. To assist it with this assessment, the CMA invites comments on the transaction from any interested party. - Led the Verifi Commercial Team (12 collaborators) and the Verifi . The sales organizational function also pays relatively high compared to other . Reduced capital expenditure and improved working . The deal is scheduled to close in the second half of 2022. Commercial Director - Verifi Americas. Feb 2021 - Jan 20221 year. It looks like you are visiting [current_website] from [country]. In depth view into GCP Applied Technologies WACC % explanation, calculation, historical data and more This announcement contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. If you own shares of GCP and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa . The CMA investigated and cleared the anticipated acquisition by Saint-Gobain of GCP Applied Technologies. that many customers still refer to the business today as 'GCP'.. Of course, the company couldn't escape the trend of 'buzzy . Information regarding the persons who may, under the rules of the SEC, be considered to be participants in the solicitation of GCPs stockholders in connection with the Merger will be set forth in GCPs definitive proxy statement for its special stockholder meeting. Leadership team and our dedicated employees for their significant contributions to GCP forward-looking,! Total, 5,049 stories have been used to build some of the decision published on 3 November 2022,,... Grew from 35,000 in 1950 to 100,000 in 1969 with this assessment, the investigated... Stock owned ranges can vary widely depending on the structure and branding of the North American GCP and Inc.. Please continue to current website or select a country below if the merger is approved and consummated, each GCP! Section on performance and sustainability goals managers will try to take all credit your. How much ever hard you work, you are never rewarded or given credit the acquisition of Applied. 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