tariffs also topped the list in 2018, among other headlines.
PGT Innovations Acquires Western Window Systems
In July 2018, PGT Innovations and Western Window Systems, westernwindowsystems.com, entered into a definitive agreement under which PGT Innovations will acquire Western Window Systems from PWP Growth Equity, the middle market private equity group of Perella Weinberg Partners, for $360 million in cash, subject to customary adjustments.
In July 2018, PGT Innovations and Western Window Systems, westernwindowsystems.com, entered into a definitive agreement under which PGT Innovations will acquire Western Window Systems from PWP Growth Equity, the middle market private equity group of Perella Weinberg Partners, for $360 million in cash, subject to customary adjustments.
US Announces Tariffs on $200 Billion of Chinese Imports, Including Residential Construction Goods
On Sept. 17, the Office of the United States Trade Representative released a list of approximately $200-billion worth of Chinese imports that will be subject to additional tariffs.
On Sept. 17, the Office of the United States Trade Representative released a list of approximately $200-billion worth of Chinese imports that will be subject to additional tariffs.
Harvey Building Products Acquires Thermo-Tech Windows and Doors
Harvey Building Products acquired Thermo-Tech Windows and Doors LLC, a 25-year-old, family owned company that produces vinyl new construction and replacement windows and sliding patio doors. Thermo-Tech will immediately become part of the Harvey family of businesses, which also includes Soft-Lite LLC.
Harvey Building Products acquired Thermo-Tech Windows and Doors LLC, a 25-year-old, family owned company that produces vinyl new construction and replacement windows and sliding patio doors. Thermo-Tech will immediately become part of the Harvey family of businesses, which also includes Soft-Lite LLC.
Andersen Acquires Heritage Windows and Doors, Expands Luxury Portfolio
Andersen Corp. acquired Heritage Windows and Doors, an Arizona-based manufacturer of custom, high-quality, high-performance aluminum windows and doors for the luxury residential and commercial markets. The company was owned by Tashco Industries Inc., a private company founded in 1979.
Andersen Corp. acquired Heritage Windows and Doors, an Arizona-based manufacturer of custom, high-quality, high-performance aluminum windows and doors for the luxury residential and commercial markets. The company was owned by Tashco Industries Inc., a private company founded in 1979.
NCI to Merge with Ply Gem
NCI Building Systems and Ply Gem Parent LLC signed a definitive agreement to combine in a stock-for-stock merger; the transaction was expected to close in the fourth calendar quarter of 2018, subject to approval by NCI shareholders and customary regulatory approvals.
NCI Building Systems and Ply Gem Parent LLC signed a definitive agreement to combine in a stock-for-stock merger; the transaction was expected to close in the fourth calendar quarter of 2018, subject to approval by NCI shareholders and customary regulatory approvals.
Masonite Acquires Bridgewater Wholesalers
Masonite International Corp. completed the acquisition of the operating assets of Branchburg, New Jersey-based Bridgewater Wholesalers Inc. a fabricator and distributor of door systems and related components that employs approximately 350 people across five facilities.
Masonite International Corp. completed the acquisition of the operating assets of Branchburg, New Jersey-based Bridgewater Wholesalers Inc. a fabricator and distributor of door systems and related components that employs approximately 350 people across five facilities.
Marvin, Infinity Appoint New Presidents
Darrin Peterson, vice president of operations and customer services, assumed the position of president of Marvin Windows and Doors, and Dan Marvin, vice president of business development, assumed the position of president of Infinity Windows and Doors on Jan. 1, 2019. Both will work directly with Paul Marvin, CEO of The Marvin Companies, to support the organization’s current and long-term business strategies.
Darrin Peterson, vice president of operations and customer services, assumed the position of president of Marvin Windows and Doors, and Dan Marvin, vice president of business development, assumed the position of president of Infinity Windows and Doors on Jan. 1, 2019. Both will work directly with Paul Marvin, CEO of The Marvin Companies, to support the organization’s current and long-term business strategies.
Jeld-Wen Makes Acquisitions, Leadership Transition
Jeld-Wen signed a definitive agreement to acquire two companies: American Building Supply Inc., which manufactures a broad selection of decorative, specialty and architectural doors, and A&L Windows Pty Ltd., an Australian manufacturer of residential aluminum windows and patio doors. Jeld-Wen also announced the departure of President and CEO, Mark Beck, effective immediately.
Jeld-Wen signed a definitive agreement to acquire two companies: American Building Supply Inc., which manufactures a broad selection of decorative, specialty and architectural doors, and A&L Windows Pty Ltd., an Australian manufacturer of residential aluminum windows and patio doors. Jeld-Wen also announced the departure of President and CEO, Mark Beck, effective immediately.
Andersen Completes Divestiture of Silver Line Division
Andersen Corp. completed the previously announced sale of its hollow core vinyl window and patio door business, including the Silver Line and American Craftsman brands, to Ply Gem. The transaction closed on Oct. 14, 2018. Ply Gem acquired the portfolio of products sold under the Silver Line and American Craftsman brands as well as the four Silver Line manufacturing plants associated distribution and support services for $190 million. More than 4,000 employees working in these locations and functions will transition to Ply Gem with the business, the companies report.
Andersen Corp. completed the previously announced sale of its hollow core vinyl window and patio door business, including the Silver Line and American Craftsman brands, to Ply Gem. The transaction closed on Oct. 14, 2018. Ply Gem acquired the portfolio of products sold under the Silver Line and American Craftsman brands as well as the four Silver Line manufacturing plants associated distribution and support services for $190 million. More than 4,000 employees working in these locations and functions will transition to Ply Gem with the business, the companies report.
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