Posts Tagged ‘ Associated Materials ’

Associated Materials Reports First-Quarter Results, Slight Decrease in Net Sales

May 17th, 2011

*+-Associated Materials LLC announced financial results this week for the first quarter ended April 2, 2011. Net sales for the first quarter were $196.7 million, a 3.7 percent decrease from net sales of $204.2 million for the same period in 2010. Adjusted EBITDA was negative $4.2 million for the first quarter of 2011 compared to […]

Associated Materials Reports Increase in Fourth Quarter

Apr 18th, 2011

*+-Associated Materials LLC announced results for the fourth quarter and fiscal year ended January 1, 2011. Net sales for the fourth quarter ended January 1, 2011 were $305.1 million, an 11.3 percent increase from net sales of $274.0 million for the same period in 2009. Adjusted EBITDA was $33.7 million for the fourth quarter of […]

Associated Materials LLC Reports Third Quarter Results; Posts Slight Increase in Net Sales

Nov 22nd, 2010

*+-Associated Materials announced results for its third quarter ended October 2, 2010. Net sales for the third quarter ended October 2, 2010 were $329.5 million, a 1.5 percent increase from net sales of $324.8 million for the same period in 2009. Subsequent to the end of the third quarter, investment funds affiliated with Hellman & […]

Associated Materials Announces Offering of $730 Million of Senior Secured Notes

Oct 4th, 2010

*+-Associated Materials LLC announced last week that Carey Acquisition Corp. and its subsidiary intend to offer $730 million in aggregate principal amount of senior secured notes due 2017 in a private placement, subject to market and other conditions. The net proceeds from the offering of the notes will be used, in part, to finance the […]

Inside the Associated Materials Acquisition

Sep 14th, 2010

*+-On September 8, the definitive agreement by which Hellman & Friedman LLC, a private equity firm, will acquire Associated Materials Inc., a manufacturer and distributor of exterior building products, was announced. Its various holdings included Alside and Gentek. The total price paid for Associated Materials was $1.48 billion, when accounting for the cash to be […]

Associated Materials to Change Hands in $1.3 Billion Deal

Sep 9th, 2010

*+-Associated Materials LLC, based in Cuyahoga Falls, Ohio, announced on September 8 that it has signed a definitive agreement to be acquired by affiliates of Hellman & Friedman LLC. According to a company press release, the transaction is valued at approximately $1.3 billion and is expected to close in the fourth quarter of 2010. Associated […]