M&A Deal Summary

Quanex Building Products Acquires Tyman

On April 22, 2024, Quanex Building Products acquired building materials company Tyman for 1.1B USD

Acquisition Highlights
  • This is Quanex Building Products’ 8th transaction in the Building Materials sector.
  • This is Quanex Building Products’ largest (disclosed) transaction.
  • This is Quanex Building Products’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2024-04-22
Target Tyman
Sector Building Materials
Buyer(s) Quanex Building Products
Deal Type Add-on Acquisition
Deal Value 1.1B USD

Target

Tyman

London, United Kingdom
Tyman is a provider of engineered components to the door and window industry. Tyman was founded in 1993 and is based in London, the United Kingdom.

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Buyer(S) 1

Buyer

Quanex Building Products

Houston, Texas, United States

Category Company
Founded 1927
Sector Building Materials
Employees3,792
Revenue 1.1B USD (2023)
DESCRIPTION

Quanex Building Products is a manufacturer of engineered materials, components, and systems serving the U.S. residential window and door markets. Quanex Building Products was founded in 1927 and is based in Houston, Texas.


DEAL STATS #
Overall 15 of 15
Sector (Building Materials) 8 of 8
Type (Add-on Acquisition) 13 of 13
Country (United Kingdom) 2 of 2
Year (2024) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 LMI Custom Mixing

Cambridge, Ohio, United States

LMI Custom Mixing is a state-of-the-art custom polymer mixer focuses on advanced methods for mixing rubber compounds for the most demanding applications across a range of industries, including building products, automotive and wire and cable. LMI Custom Mixing is based in Cambridge, Ohio.

Buy $92M