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Oil & Gas Refining & Marketing M&A image Oil & Gas Refining & Marketing M&A » By The Online Investor Staff, updated Tue., Apr. 20, 3:04 AM Recent mergers and acquisitions in the Oil & Gas Refining & Marketing M&A category.

Slide #39. Headwaters Assets of Kleer Lumber, Inc.

Acquirer: Headwaters (HW)
Acquiree: Assets of Kleer Lumber, Inc.
Details: HEADWATERS INCORPORATED, a building products company dedicated to improving lives through innovative advancements in construction materials, today announced it has entered into an agreement to acquire the assets of Kleer Lumber, Inc., a manufacturer of high quality and eco-friendly cellular PVC trim board and moulding products. The acquisition of Kleer Lumber will add a full range of cellular PVC products to Headwaters' Light Building Products offerings, including trim boards, millwork, sheet stock, paneling, and moulding, as well as the company's recently introduced decking and railing products. Kleer Lumber's trim boards offer the TruEDGE feature, a proprietary and innovative technology that seals edges, improving trim board performance and appearance. Kleer Lumber's products are manufactured at its Westfield, Massachusetts manufacturing and research and development facility.

Headwaters is a building materials company operating in the building products and construction materials sectors. Co. has three reporting segments: building products, in which Co. designs, manufactures, and sells manufactured architectural stone, exterior siding accessories (such as shutters, mounting blocks, and vents), roofing materials, concrete block, windows and other building products; construction materials, which acquires fly ash from coal-fueled electric generating utilities; and energy technology, a non-core segment which focused on reducing waste and increasing the value of energy-related feedstocks, primarily in the area of low-value oil.

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Company Name: 
Headwaters Inc
Website: 
www.headwaters.com
Sector: 
Construction Materials & Machinery
 

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Hold (2.29 out of 4)
89th percentile
(ranked higher than approx. 89% of all stocks covered)
Based on Zacks ABR data;
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