Printer Friendly

SPI closes purchase of Hurd Windows and Doors.

MANews-(C)2009-2014

6 August 2014 - US lumber producer Sierra Pacific Industries (SPI) announced the completion of its deal to acquire Wisconsin-based Hurd Windows and Doors.

The agreement was announced early in July without any disclosure of financial terms. Hurd Windows and Doors, the name under which HWD Acquisition Inc does business, was sold to SPI by investment company Longroad Asset Management.

The deal will bring additional sales and manufacturing capacity to SPI, along with a highly skilled workforce and new product lines, the buyer said. Furthermore, it will help SPI expand its Window unit operations to Central and Eastern US and international markets.

The buyer intends to keep the Hurd and Superseal brands within its Windows unit. According to SPI, this acquisition creates the most vertically integrated windows supplier operating on the market today.

Country: USA

Sector: Construction/Real Estate

Target: HWD Acquisition Inc d/b/a Hurd Windows and Doors

Buyer: Sierra Pacific Industries

Vendor: Longroad Asset Management

Type: Corporate acquisition

Status: Closed

COPYRIGHT 2014 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2014 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M & A Navigator
Date:Aug 6, 2014
Words:165
Previous Article:Foxit buys Spain's Dataintro Software.
Next Article:Walgreen exercises option to take full control of Alliance Boots.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters