Divestiture • Building Materials

Ply Gem Industries Acquires Andersen - Silver Line Division

On August 28, 2018, Ply Gem Industries acquired building materials company Andersen - Silver Line Division from Andersen for 190M USD

Acquisition Context
  • This is Ply Gem Industries’ 6th transaction in the Building Materials sector.
  • This is Ply Gem Industries’ 3rd largest (disclosed) transaction.
  • This is Ply Gem Industries’ 6th transaction in the United States.
  • This is Ply Gem Industries’ 1st transaction in Minnesota.

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M&A Deal Summary

Date August 28, 2018
Target Andersen - Silver Line Division
Sector Building Materials
Buyer(s) Ply Gem Industries
Sellers(s) Andersen
Deal Type Divestiture
Deal Value 190M USD

Target Company

Andersen - Silver Line Division

Bayport, Minnesota, United States
Andersen Corp. - Silver Line Division includes hollow core vinyl window and patio door business provides different and better products and services and building brands people value and trust. Silver Line manufacturing plants, associated distribution and support services.
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Buyer Overview 1

Buyer

Ply Gem Industries

Cary, North Carolina, United States

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 Context for Buyer #
Overall 7 of 7
Sector: Building Materials 6 of 6
Type: Divestiture 3 of 3
State: Minnesota 1 of 1
Country: United States 6 of 6
Year: 2018 2 of 2
Size (of disclosed) 3 of 6
PREVIOUS 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 Profile 1

SELLER

Andersen

Bayport, Minnesota, United States

Category Company
Founded 1903
Sector Building Materials
DESCRIPTION

Andersen Corporation, along with its subsidiaries, manufactures and sells windows and doors.


Deal Context for Seller #
Overall 2 of 2
Sector: Building Materials 2 of 2
Type: Divestiture 1 of 1
State: Minnesota 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-05 Heritage Windows and Doors

Gilbert, Arizona, United States

Heritage Windows and Doors is a manufacturer of custom, high-quality windows and doors in Arizona and throughout the southwest desert. Heritage Windows and Doors is based in Gilbert, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-10 Bright Wood

Madras, Oregon, United States

Bright Wood is a manufacturer of wood building materials and millwork products, including engineered dimension lumber, window and door components, mouldings, and cut-to-size wood parts for residential and commercial construction. Bright Wood was founded in 1960 and is headquartered in Madras, Oregon.

Buy -