Quanex/Edgetech Deal Close to CompleteMarch 14th, 2011 | Category: Industry News
Quanex Building Products Corp. has announced that it plans to close its acquisition of Edgetech I.G. Inc. on or before April 1. Quanex received the applicable government approvals, and as previously announced, the $107 million purchase will be an all-cash transaction.
Edgetech is headquartered in Cambridge, Ohio, and has three manufacturing facilities (in the United States, United Kingdom and Germany) that produce and market a full line of warm-edge insulating glass spacer systems. The company will be part of Quanex’s Engineered Products Group.
Quanex says additional information will be disclosed upon closing.