Dallas-based Krestmark Industries, a manufacturer of vinyl windows for replacement and new construction as well as aluminum windows and patio doors, was recently sold to Headwaters Inc. for $240 million.

Headwaters, based in Utah, is a manufacturer of building products for the residential construction, residential remodeling, commercial and institutional construction industries.

“We anticipate strong growth for Krestmark in 2017 that should drive additional revenue to Headwaters’ top line,” said Kirk A. Benson, chair and CEO of Headwaters. “Along with additional revenue, the transaction should result in expansion of our Adjusted EBITDA margins, strengthening our position as a top quartile building products company.”

“Krestmark is excited to join the Headwaters’ team and continue our strong track record of growth,” said William E. Robinson, Jr., president of Krestmark Industries. “Headwaters’ strategy of focusing on creating value for its customers fits perfectly with the Krestmark culture and will enable Krestmark to continue to differentiate itself as a robust, best-in-class windows company.”

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