Add-on Acquisition • Building Materials

Tando Acquires Nailite International

On April 14, 2009, Tando acquired building materials company Nailite International

Acquisition Context
  • This is Tando’s 1st transaction in the Building Materials sector.
  • This is Tando’s 1st transaction in the United States.
  • This is Tando’s 1st transaction in Florida.

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M&A Deal Summary

Date April 14, 2009
Target Nailite International
Sector Building Materials
Buyer(s) Tando
Deal Type Add-on Acquisition

Target Company

Nailite International

Miami,, Florida, United States
Nailite International Inc. ('Nailite'), a niche manufacturer of molded polypropylene siding ('MPS') for the remodeling and new construction housing markets. Founded in 1978, Nailite International Inc. was the first company in the siding business to develop an injection molded siding product that replicates the appearance of the traditional siding materials of natural cedar, brick and stone, thereby offering homeowners the low cost and minimal maintenance benefits of artificial siding without having to sacrifice aesthetics.
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Buyer Overview 1

Buyer

Tando

Miami, Florida, United States

Category Company
Founded 1978
Sector Building Materials
DESCRIPTION

Tando is a manufacturer of molded polypropylene siding ("MPS") products. Tando's products replicate the aesthetics of natural siding alternatives such as cedar shingles, brick, or stone through a plastic injection molding process.


Deal Context for Buyer #
Overall 1 of 1
Sector: Building Materials 1 of 1
Type: Add-on Acquisition 1 of 1
State: Florida 1 of 1
Country: United States 1 of 1
Year: 2009 1 of 1