U.S. – Door and window manufacturer Jeld-Wen Holding, Inc. has signed a definitive agreement to acquire all of the outstanding shares of American Building Supply, Inc. (ABS).
ABS produces a broad product range of doors, frames, and hardware for both the residential and commercial markets.
“The acquisition of ABS aligns perfectly with our strategy to expand our door capabilities with value-added services and customized full door systems. ABS, together with our recent acquisition of MMI Door, will expand our ability to offer these services to our customers with a broad geographic coverage area across the U.S.,” said John Linker, Senior Vice President Corporate Development and Investor Relations.
The transaction, which is subject to customary closing conditions, is expected to close late in the first quarter of 2018. Terms of the acquisition were not disclosed.
Jeld-Wen, founded in 1960, is one of the world’s largest door and window manufacturers, operating over 120 manufacturing facilities in 19 countries located primarily in North America, Europe and Australia and also in Chile and Peru.
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