ASSA ABLOY announced that it received clearance from the Mexican competition authority to acquire Spectrum Brands’ Hardware and Home Improvement division. Following the clearance from the Mexican competition authority, the HHI acquisition remains subject to customary closing conditions. In September 2021, ASSA ABLOY announced it had signed an agreement to acquire the HHI division of […]

A bench trial between the United States and Assa Abloy came to a screeching halt Friday, after the two parties reached a deal to settle the case. The agreement marked a stark change in strategy, after seven months of deliberation in which the U.S. staunchly objected to Assa Abloy’s plan to acquire the HHI division […]

Platinum Equity announced this week that it has signed a definitive agreement to acquire the Jeld-Wen Australasia windows, doors and related building products business from Jeld-Wen Holding Inc. The transaction is valued at approximately $461 million and is expected to close in the third quarter of 2023, subject to certain closing conditions and regulatory approvals. […]

ASSA ABLOY announced last week that it has signed an agreement to acquire Mottura Serrature di sicurezza Spa (Mottura), an Italian manufacturer of residential armored lock cases and security cylinders. “We are committed to growing our presence in the Italian market and the acquisition of Mottura provides a great step in strengthening our position in […]

Ogden & Adams Building Solutions announced plans to acquire the assets of Delhi Lumber in Iowa, with the latter’s co-owners set to assist with the transition before retiring in the near future. “We are excited to welcome the customers and staff of Delhi Lumber to Ogden & Adams,” says Marty Hoeger, owner and president of […]

This morning Masonite International Corporation announced that a wholly-owned subsidiary has entered into a definitive agreement to acquire the holding company of Endura Products, for approximately $375 million in cash. The transaction is subject to customary closing adjustments and regulatory approval. Endura is an innovator and manufacturer of high-performance door frames and door system components […]

ASSA ABLOY reports it has signed an agreement to acquire VHS Plastik Metal (VHS), a manufacturer of hardware systems for doors and windows based in Turkey. “I am very pleased to welcome VHS into the ASSA ABLOY Group. This constitutes an important next step in our strategy to grow market leadership in emerging markets,” says […]

Hardwoods Distribution Inc. has announced that one of its wholly owned subsidiaries has entered into an agreement to acquire substantially all of the assets and assume certain working capital liabilities of Mid-Am Building Supply, Inc. (Mid-Am). Mid-Am’s management team will continue to lead Mid-AM and HDI will welcome Mid-Am’s 364 employees. Founded in 1967, Mid-Am […]

Associated Materials and global investment firm SVPGLOBAL jointly announced that they have entered into a definitive agreement for funds managed by SVPGLOBAL to acquire Associated Materials. “Associated Materials is a strong business with some of the top brands in North American siding and windows and is well-positioned in home product markets that are seeing very […]

US LBM, a distributor of specialty building materials in the United States, has announced it has reached a definitive agreement to acquire Barrons, a provider of lumber and building materials to professional builders in the Washington, D.C. metropolitan area. Founded in 1947, Barrons serves professional builders including remodelers, custom home builders and outdoor living builders with specialty products, […]