USG sells L&W Supply Corporation to ABC Supply Co. for $670 million
Clients USG Corporation
Jones Day advised USG Corporation in connection with its sale of L&W Supply Corporation, and certain other assets related to L&W's distribution business, to ABC Supply Co. Inc. for $670 million in cash. L&W Supply is one of the largest distributors of gypsum wallboard and suspended ceiling tiles in the U.S., with 136 distribution branches.
In addition to M&A representation, Jones Day provided antitrust, employee benefits, capital markets, environmental, intellectual property, and real estate advice regarding this transaction.