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Ply Gem to Acquire Simonton Windows
- Client News
- August 19, 2014
Paul, Weiss client Ply Gem Holdings, Inc., a leading manufacturer of exterior building products in North America, through its subsidiary, Ply Gem Industries, signed an agreement with Fortune Brands Home & Security, Inc. to acquire Simonton Windows, one of America's leading vinyl window and patio door manufacturers. As part of the deal, Ply Gem will also acquire all assets of SimEx, a vinyl and PVC foam extrusion manufacturing operation in West Virginia, from Fortune Brands.
The transaction, valued at approximately $130 million, is subject to regulatory approval and is expected to close in October.
The Paul, Weiss team included corporate partners Carl Reisner and John Kennedy and counsel Didier Malaquin and Claudine Meredith-Goujon; tax partner Scott Sontag; and environmental counsel William O'Brien.