Quanex Completes Sale of Nichols Aluminum

April 1st, 2014 by DWM Magazine

Quanex Building Products Corp completed the sale of its interest in Nichols Aluminum LLC, a wholly owned subsidiary, to Aleris for $110 million in an all-cash transaction The previously pending sale was announced in February

“Going forward, our full focus will be on growing our position as a leading window and door component supplier both domestically and internationally,” says Bill Griffiths, Quanex chairman, president and CEO

Evercore Partners acted as financial adviser and Norton Rose Fulbright acted as legal counsel to Quanex.

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