Koch Industries Aquired Guardian Industries Corp.
Koch Industries/US has completed the acquisition of Guardian Industries following the receipt of all regulatory approvals. Koch initially invested in Guardian in 2012, acquiring a 44,5 % minority interest in the company at the time.
In addition to being one of the world’s largest producers of float, value-added and fabricated glass products, Guardian is also a leader both in high-value coatings on plastics for the automotive industry and the distribution of specialty building products.
With the addition of Guardian, Koch companies now employ more than 120 000 people worldwide, with about 70 000 of those in the United States. Guardian companies have nearly 150 locations in more than 25 countries. Terms of the deal were not disclosed.