M&A Deal Summary

Ply Gem Industries Acquires Simonton Windows

On August 20, 2014, Ply Gem Industries acquired building materials company Simonton Windows from Fortune Brands for 130M USD

Acquisition Highlights
  • This is Ply Gem Industries’ 4th transaction in the Building Materials sector.
  • This is Ply Gem Industries’ 4th largest (disclosed) transaction.
  • This is Ply Gem Industries’ 4th transaction in the United States.
  • This is Ply Gem Industries’ 1st transaction in West Virginia.

M&A Deal Summary

Date 2014-08-20
Target Simonton Windows
Sector Building Materials
Buyer(s) Ply Gem Industries
Sellers(s) Fortune Brands
Deal Type Divestiture
Deal Value 130M USD

Target

Simonton Windows

Parkersburg, West Virginia, United States
website
Simonton Windows, Inc. is one of America’s major vinyl window and patio door manufacturers. Simonton produces ENERGY STAR-qualified vinyl replacement and new construction windows and doors, including a line of impact resistant products, at manufacturing facilities in West Virginia, Illinois and California.

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Buyer(S) 1

Buyer

Ply Gem Industries

Cary, North Carolina, United States

website


Category Company
Founded 1943
Sector Building Materials
Employees4,500
DESCRIPTION

Ply Gem Industries, Inc. is a manufacturer of building products in North America. Number one in vinyl siding and in vinyl and aluminum windows, Ply Gem produces a comprehensive product line of windows and patio doors, vinyl and aluminum siding and accessories, designer accents, cellular PVC trim and mouldings, vinyl fencing and railing, stone veneer, roofing and gutterware products, used in both new construction and home repair and remodeling across the United States and Canada.


DEAL STATS #
Overall 5 of 7
Sector (Building Materials) 4 of 6
Type (Divestiture) 2 of 3
State (West Virginia) 1 of 1
Country (United States) 4 of 6
Year (2014) 1 of 1
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-31 Mitten

Brantford, Ontario, Canada

Mitten Inc. is a manufacturer and distributor of vinyl siding, vinyl siding accessories, and other exterior building products. Mitten serves the repair & remodel and new housing segments of the Canadian, U.S., and international construction markets. Mitten's products are sold throughout North America and select international markets in Europe and Australia. In Canada, Mitten distributes its own manufactured vinyl siding as well as complementary third party products through 18 distribution centers.

Buy CA$82M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-31 Atrium

Dallas, Texas, United States

Atrium Corp. is a nationally-recognized provider of high quality windows and doors to the new construction and repair and remodel markets. The company operates a nationwide network of manufacturing facilities and sells a comprehensive line of products in all 50 states and Canada.

Buy -

Seller(S) 1

SELLER

Fortune Brands

Deerfield, Illinois, United States

website


Category Company
Founded 1988
Sector Safety/Security
Employees28,000
Revenue 7.7B USD (2021)
DESCRIPTION
Fortune Brands' corporate headquarters in Deerfield, Illinois.
Fortune Brands' corporate headquarters in Deerfield, Illinois.

Fortune Brands is a provider of home and security products and services for use in residential home repair, remodeling, new construction, and security and storage applications. The Company’s brands include Master Lock security products, MasterBrand cabinets, Moen faucets, Simonton windows and Therma-Tru entry door systems. Fortune Brands was founded in 1988 and is based in Deerfield, Illinois.


DEAL STATS #
Overall 1 of 1
Sector (Building Materials) 1 of 1
Type (Divestiture) 1 of 1
State (West Virginia) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-07 John D. Brush

Rochester, New York, United States

John D. Brush & Co. Inc. (dba SentrySafe) is a fire-resistant and security storage solutions for important documents and valuables. SentrySafe today produces more fire-resistant chests, files, safes, security storage containers and gun safes than any other company in the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-30 Norcraft Companies

Eagan, Minnesota, United States

Norcraft Companies, Inc. is a manufacturer of kitchen and bathroom cabinetry in the United States and Canada. Norcraft provides its customers with a single source for a broad range of high-quality cabinetry, including stock and semi-custom cabinets manufactured in both framed and frameless (full access) construction. Norcraft was formed in 1966 and is based in Eagan, Minnesota.

Buy $600M