O3 Industries Acquires Solar Seal
April 2, 2021
Solar Seal has been acquired by O3 Industries and will operate as a standalone corporation, Solar Seal LLC, according to a company announcement. The assets of Solar Seal were acquired from Consolidated Glass Holdings, and the transaction was completed on April 2.
O3 Industries is a North American family investment company with financial strength, diversified portfolio companies and experience in corporate carveouts, metals and construction-based businesses, say company officials. O3 is also the parent of Antamex, a Toronto-based facade company.
Solar Seal is a longtime glass fabricator on the East Coast, with more than 50 years of operations in the industry. The company is a custom fabricator of architectural glass products with capabilities that include cutting, tempering, laminating and insulating. According to company materials, it provides just-in-time cutting services and delivery to regional customers. Solar Seal is also a wholesale distributor of flat glass, mirrors and shower doors.
"Solar Seal LLC. is a new venture established with a contrarian view to lead the glass industry by offer of bespoke products in the years to come," said the Solar Seal board of managers in a letter. "The company intends to invest extensively in safety, people, plant, equipment and processes to ensure Solar Seal LLC establishes a leading position in high-quality value-added industrial, commercial and institutional sector, as well as residential glass products."
The Future of CGH's Architectural Businesses
The future of Solar Seal, as well as that CGH's other architectural glass businesses, J.E. Berkowitz and Columbia Commercial Building Products, had been thrust into uncertainty in February when leadership of announced the potential closure of the three subsidiaries. The news of Solar Seal's acquisition closely follows last week's announcement that Frameless Hardware Co. has acquired Columbia Commercial Building Products. No official information has been released about J.E. Berkowitz since CGH ceased operations at the company's Pedricktown, New Jersey, fabrication facility in February.