JELD-WEN Holding, Inc. Announces Completion of VPI Quality Windows, Inc. Acquisition
JELD-WEN Holding, Inc. (“JELD-WEN”) has completed its previously announced acquisition of VPI Quality Windows, Inc. (“VPI”), a market-leading vinyl window manufacturer for mid-rise multi-family, institutional, hospitality and commercial projects, primarily in the western United States. VPI has earned a reputation as a preferred supplier of windows for the multi-family market with its customized solutions and relentless focus on quality, service and superior product performance.
JELD-WEN expects VPI to add approximately $60 million in annualized revenue. Transaction terms were not disclosed.
JELD-WEN, founded in 1960, is one of the world’s largest door and window manufacturers, operating manufacturing facilities in 20 countries located primarily in North America, Europe and Australia. Headquartered in Charlotte, N.C., JELD-WEN designs, produces and distributes an extensive range of interior and exterior doors, wood, vinyl and aluminum windows and related products for use in the new construction and repair and remodeling of residential homes and non-residential buildings. JELD-WEN is a recognized leader in manufacturing energy-efficient products and has been an ENERGY STAR® Partner since 1998. Our products are marketed globally under the JELD-WEN® brand, along with several market-leading regional brands such as Swedoor® and DANA® in Europe and Corinthian®, Stegbar®, and Trend® in Australia.
Christopher Teachout – Investor Relations – email@example.com – (704) 378-7007
Source: JELD-WEN Holding, Inc.