Serious Weighs in on Alpen Sale and Reports GrowthSeptember 28th, 2012 | Category: Industry News
Serious Energy Inc. issued a statement yesterday regarding the sale of its architectural glass and fiberglass window business in Longmont, Co., to Alpen High Performance Products as DWM reported yesterday. The company hinted that the two organizations may work together, however, on future opportunities.
“Serious Energy and Alpen, which have a longstanding relationship and a shared interest in high-performance suspended films, are exploring opportunities for future product, distribution and technology collaboration,” said the statement.
Alpen will continue to manufacture architectural glass and fiberglass windows at its Longmont facilities and will concentrate on its high-performance, custom fiberglass residential and commercial window products. Serious Energy will retain its residential vinyl window and door operations produced at its Vandergrift, Pa., plant, according to the statement.
“We believe we can provide better customer service and accelerate growth by focusing on our core competencies in energy-efficient windows (Serious Glass suspended film products), and acoustical products (QuietRock sound-damping drywall) for the ‘built’ environment,” says Serious Energy CEO Tassilo Baeuerle. “Given our long history with Alpen, we were happy when they sought to acquire the architectural glass and fiberglass business. Both companies are committed to a smooth transition, and we look forward to continuing our mutually supportive relationship.”
He also adds that Q2 results for Serious were strong for the window segment: “Total window sales posted very positive gains in Q2 2012,” he says.