|This Slide: #21 of 25|
Slide #21. Quanex Building Products Corporation — Assets of Alumco
Quanex Building Products Corporation (NYSE:NX)
Assets of Alumco
Quanex Building Products Corporation (NYSE:NX), a leading manufacturer of engineered materials, components and systems serving domestic and international window and door OEMs through its Engineered Products and Aluminum Sheet Products Groups, today announced it signed a definitive agreement to acquire the assets of Alumco, Inc. and its subsidiaries in an all cash transaction. The assets to be purchased include Aluminite, a screen producer for the window and door industry. The acquisition is expected to be accretive to earnings per share in 2013 and close by December 31, 2012. The purchase price and other financial information related to Alumco will not be publicly disclosed.
Quanex Building Products manufactures components for original equipment manufacturers in the building products industry. Co. has three reportable business segments: North American Fenestration, which comprises three operating segments, manufacturing vinyl profiles, insulating glass (IG) spacers, screens and other fenestration components; European Fenestration segment, which comprises its U.K.-based vinyl extrusion business, manufacturing vinyl profiles and conservatories, and the European insulating glass business manufacturing IG spacers; and North American Cabinet Components segment, which comprises its North American cabinet door and components business and wood-manufacturing plants.
NX SEC Filing Email Alerts Service
Open the NX Page at The Online Investor »
Free NX Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts
Buy (3.00 out of 4)