M&A Deal Summary

Vision Metals Acquires Tube Group Operations

On January 1, 1997, Vision Metals acquired manufacturer Tube Group Operations from Quanex Building Products

Acquisition Highlights
  • This is Vision Metals’ 1st transaction in the Manufacturing sector.
  • This is Vision Metals’ 1st transaction in the United States.

M&A Deal Summary

Date 1997-01-01
Target Tube Group Operations
Sector Manufacturing
Buyer(s) Vision Metals
Sellers(s) Quanex Building Products
Deal Type Divestiture

Target

Tube Group Operations

United States
Tube Group Operations manufactures cold-drawn stainless steel tubing, welded steel tubes and seamless steel pipes.

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Buyer(S) 1

Buyer

Vision Metals

Ann Arbor, Michigan, United States

Category Company
Sector Metals/Mining
DESCRIPTION

Vision Metals, Inc. manufactures seamless and welded steel tubing, pipe, and tubular parts.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 1997 M&A 1 of 1

Seller(S) 1

SELLER

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 STATS #
Overall 2 of 3
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: United States M&A 2 of 3
Year: 1997 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 LaSalle Steel Co.

Hammond, Indiana, United States

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-04 Imperial Products

Richmond, Indiana, United States

Imperial Products LLC is a manufacturer of high quality exterior door components and systems for the residential home building market. The Company's products included adjustable and fixed thresholds, fully assembled astragals, patio door systems, and assorted components including weather-stripping and seals.

Buy -