United States of America v. Crane Composites, Inc. et al

  1. May 27, 2022

    DOJ Pressure Caves $360M Deal For Wall Panel Maker

    Crane Co. has abandoned a plan to unload its engineered materials business in a $360 million deal with construction supply manufacturer Grupo Verzatec ahead of a broader restructuring about two months after the U.S. Department of Justice sued to block the transaction.

  2. March 17, 2022

    DOJ Sues To Block $360M Merger Of Wall Panel Makers

    The U.S. Department of Justice is asking an Illinois federal court to step in and block construction supply manufacturer Verzatec's "brazen attempt to eliminate a rival" by buying out its biggest competitor in the fiberglass wall panel business.