PGT Innovations Acquires Anlin Windows & Doors

PGT Innovations Acquires Martin Door Holdings

October 17, 2022

Building Products

PGT Innovations, Inc. (PGT) acquired Martin Door Holdings, Inc. for approximately $185 million, expanding PGT’s product portfolio into premium overhead garage doors. Martin, headquartered in Salt Lake City, Utah, generated about $60 million of expected 2022 sales and ~173 employees; the acquisition is intended to broaden PGT’s Western U.S. footprint and create cross-selling and operational synergies.

MITER Brands Acquires PGT Innovations

March 28, 2024

Building Products

MITER Brands has completed the acquisition of PGT Innovations, a leading manufacturer of impact-resistant and technically advanced windows and doors. The deal was financed in part by an equity investment from an affiliate of Koch Equity Development (KED) and is intended to expand MITER Brands' product offerings, manufacturing capabilities, and market reach across the U.S.

Masonite International to Acquire PGT Innovations in $3 Billion Deal; Miter Brands Makes Higher Unsolicited Offer

January 8, 2024

Manufacturing

Masonite International has entered a definitive agreement to acquire PGT Innovations for an approximately $3 billion combination of cash and Masonite shares, valuing PGT at $41.00 per share. After the deal was announced, Miter Brands made an unsolicited all-cash proposal to acquire all outstanding shares of PGT for $41.50 per share, which PGT’s board said could reasonably be expected to lead to a superior proposal if improved on price and closing certainty.

MITER Brands Acquires PGT Innovations for $42.00 Per Share

March 28, 2024

Manufacturing

MITER Brands agreed to acquire all outstanding shares of PGT Innovations for $42.00 per share in cash, valuing the deal at approximately $3.1 billion. The transaction was financed in part by equity from an affiliate of Koch Equity Development and was completed after PGTI stockholder approval in March 2024.

Andersen Corporation Acquires Heritage Windows and Doors

March 5, 2018

Building Products

Andersen Corporation acquired Heritage Windows and Doors, a Gilbert, Arizona-based manufacturer of high-performance aluminum windows and doors serving luxury residential and commercial markets. The acquisition expands Andersen's Architectural Collection, advanced manufacturing capabilities and geographic reach; Heritage was owned by Tashco Industries, Inc. and financial terms were not disclosed.

Fortune Brands Acquires Solar Innovations

February 1, 2022

Building Products

Fortune Brands Home & Security (FBHS) acquired Solar Innovations, LLC on January 31, 2022, adding the Pittsburgh-area manufacturer of wide-opening exterior door systems and outdoor enclosures to its Outdoors & Security segment. The deal (up to $63 million net of tax benefits) brings Solar Innovations' ~30 patents, R&D capabilities and ~135 associates into Fortune Brands to accelerate its outdoor living product portfolio and premium door offerings.