Soft-Lite LLC to Acquire Assets of Gorell Windows & DoorsFebruary 15th, 2012 by DWM Magazine
Soft-Lite LLC, based in Streetsboro, Ohio, has announced that it intends to acquire the product lines of Gorell Windows & Doors LLC, located in Indiana, Pa. Gorell was placed into receivership last week with the Pittsburgh-based Meridian Group.
The receiver will address Gorell creditors’ claims, according to information from Soft-Lite.
“We are very excited about this acquisition and what it means for our company,” says Roy Anderson, president of Soft-Lite. “It will allow Soft-Lite to expand its operations to better service our existing customers, to further grow our network of dealers and distributors, and to offer a broader range of products and sales tools to our customers.”
“It is a testament to the quality of Gorell’s product, brand and employees that we were able to find a buyer as quickly as we did,” adds Margaret Good of the Meridian Group. “When combined with Soft-Lite’s stellar reputation in the industry, we believe this transaction is the best possible result, given the difficult situation at hand.”
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