Add-on Acquisition • Building Materials

Quanex Building Products Acquires Tyman

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

Acquisition Context
  • 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.

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M&A Deal Summary

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

Target Company

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 Overview 1

Buyer

Quanex Building Products

Houston, Texas, United States

Category Company
Founded 1927
Sector Building Materials
Employees7,068
Revenue 1.3B USD (2024)
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 Context for Buyer #
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