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Merger & Acquisition News

Binswanger Glass Sells Auto Glass Division to Safelite Group

Binswanger glass has officially sold its auto glass division to Safelite Group, owner of Safelite AutoGlass. The sale of the auto glass division allows Binswanger to bolster its position as a commercial and residential flat glass leader, while Safelite strengthens its foundation in vehicle glass…

Compusoft + 2020 Rebrands as Cyncly

Compusoft + 2020 recently rebranded as 'Cyncly', which was inspired by "synchronization” and “simplicity”.

IGE Glass Technologies and Schirmer Maschinen Announce Cooperation for U.S. Market

IGE will now distribute the Schirmer product line, as well as provide installation, technical service, and spare parts for the U.S., after signing an exclusive distribution agreement.  

Assa Abloy Acquires VHS in Turkey

Assa Abloy recently signed an agreement to acquire VHS Plastik Metal, VHS, a manufacturer of hardware systems for windows and doors based in Turkey.

Saint-Gobain Divests Glass Processing Sites in France

Saint-Gobain announced the sale of Saint-Gobain Glassolutions Grand Ouest glass processing business to a group of private investors, led by former Saint-Gobain managers. This business, which operates in glass processing in the North-West region of France and glass installation in France, generated…

ODL Purchases Robover

ODL Inc. purchased Robover Inc., an insulating glass manufacturer in Quebec, Canada.

Grenzebach and SORG Partner to Found Project Company GS Engineering GmbH

Glass production companies Grenzebach Maschinenbau GmbH and Nikolaus Sorg GmbH & Co. KG will partner to found the joint company GS Engineering GmbH.

ASSA ABLOY Acquires Alcea

ASSA ABLOY signed an agreement to acquire Alcea, a security supervision software provider.

Auction Announced for CGH Subsidiary Solar Seal's Assets

Surplus Solutions LLC and Joseph Finn Co. announced an online auction to sell the assets of Solar Seal, a former subsidiary of Consolidated Glass Holdings.

Powr-Grip Purchases AEGIS Tools' Assets and Trademarks

Woods Powr-Grip Co., a manufacturer of vacuum cups and vacuum lifting equipment used to handle glass and other materials, has purchased AEGIS Tools International Inc. assets and trademarks.

M3 Glass Technologies Acquires Thermotec

M3 Glass Technologies acquired Thermotec Glass, a manufacturer of exterior insulated glass located in Georgetown, Texas and founded in 1995. The acquisition was announced in a statement on the company’s website.

Oldcastle BuildingEnvelope Established as a Standalone Enterprise

Oldcastle BuildingEnvelope today announced its acquisition by KPS Capital Partners has been finalized.

dormakaba Divests Hollow Metal Doors Business

dormakaba signed an agreement to divest its hollow metal doors business, Mesker, to the key principals of Trimco and Metal Manufacturing Industries.

Tvitec Acquires Cricursa

Tvitec successfully acquired glass fabricator Cricursa.

Prince International Corp. Completes Acquisition of Ferro Corp.

Ferro Corp., a global supplier of technology-based functional coatings and color solutions, today announced that the previously announced acquisition of Ferro by Prince International Corp. is now complete.

Brand Corner Outbids Tvitec to Purchase Cricursa

The Spanish-language publication Revista Digital Valles reports that Brand Corner, a company based in Barcelona, made an offer of about $17.1 million to purchase glass fabricator Cricursa.

Bacon & Van Buskirk Announces Sale and New Owner

Bacon and Van Buskirk Glass announced on March 21, 2022 that Aaron Hiatt, long-term employee and current company president, has purchased BVB Glass from Rod Van Buskirk.

Extech Acquires Martin Metal Designs of Las Vegas

Extech, headquartered in Pittsburgh, purchased the assets of Martin Metal Designs, located in Las Vegas.  

Who Is KPS Capital Partners?

The week in glass got off to a roaring start with the announcement that the large, Dublin-based legacy building materials corporation CRH Plc sold its Oldcastle BuildingEnvelope business unit to the private equity firm KPS Capital Partners. KPS is based in New York and has offices in Germany and…

Tvitec Makes Offer to Purchase Cricursa

Tvitec has submitted an offer to buy Cricursa.

KPS Capital Partners to Acquire Oldcastle BuildingEnvelope in $3.45 billion deal

KPS Capital Partners LP announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire Oldcastle BuildingEnvelope Inc. from CRH plc for approximately $3.45 billion in cash. Completion of the transaction is expected in mid-2022 and is subject to customary…

Tvitec Shows Interest in Acquiring Cricursa

The Spanish language newspaper La Cronica reports that Tvitec, a glass fabricator based in Cubillos del Sil, Leon, Spain, is one company among several investors that has shown interest in buying all, or part, of Cricursa.

Multinational Company Acquires 52 Percent of Bavelloni Shares

Bavelloni SpA and GMM, which is controlled by the Consilium SGR private equity fund, signed an agreement giving GMM control of 52 percent of Bavelloni’s shares.

ODL Acquires Glass Company Verre Select

With this acquisition, ODL will absorb Verre Select’s operations and employees, with the Verre Select current organizational structure remaining unchanged. 

Basco Shower Enclosures Acquires Glassource

Basco Shower Enclosures joined forces with Michigan-based Glassource, a tempered glass and shower door solutions provider. This strategic partnership expands Basco’s corporate footprint, providing broader regional services, and additional product offerings.

Soft Tech and FeneTech Join Forces After Parent Company Merger

Soft Tech and FeneTech will be included in a Window & Door Vertical group, following Compusoft Group's merger with 2020 Technologies.

DMC Global to Acquire 60 Percent Controlling Interest in Arcadia Inc.

DMC Global Inc., a diversified holding company, signed a definitive agreement to acquire a 60 percent controlling interest in privately held Arcadia Inc. for $282.5 million in cash and DMC stock. Arcadia is a U.S. supplier of architectural building products, which include exterior and interior…

Bloomberg Reports that CRH Plans to Sell Oldcastle BuildingEnvelope

According to a Dec. 7 breaking news report from Bloomberg, CRH Plc is planning a sale of Oldcastle BuildingEnvelope in a deal that could be worth more than $3 billion, per “people with knowledge of the matter.”

Compusoft and 2020 Complete Merger

Compusoft and 2020, two industry leading software providers for residential and commercial spaces, have successfully united to create one company. The combined group will specialize in providing solutions for the visualization, configuration, pricing, quoting and manufacturing of products in highly…

Fenzi Group Announces Acquisition of Advanced Glass Technologies

Fenzi Holdings SPV S.p.A acquired Johnson Matthey’s Advanced Glass Technologies business, a global provider of specialist glass enamels and precious metal pastes supplied mainly to the automotive sector. The acquisition is expected to close in the spring of 2022.

Isoclima Group Acquires Global Security Glazing, Dlubak

Isoclima Group, a supplier of high performance glass and transparent solutions, acquired Global Security Glazing and Dlubak Specialty Glass Corp. from SSI Consolidated Holdings.

Installed Building Products Acquires Denison Glass & Mirror Inc.

Installed Building Products Inc., an installer of insulation and complementary building products, announced the acquisition of Denison Glass and Mirror Inc. and an affiliated entity, DGM Glass.

Apogee Enterprises Reaches Agreement to Sell Facility in Statesboro, Georgia

Apogee Enterprises Inc. announced that it has entered into an agreement to sell its architectural glass facility located in Statesboro, Georgia, to Cardinal Glass Industries.

Biesse Group Signs Agreement to Acquire Maker of Glass Machining Equipment

Biesse Group signed a contract for the acquisition of 100 percent of the quotes of Forvet Costruzione Macchine Speciali S.p.A., a manufacturer of special automated machines for glass machining.

2020 Acquires FeneTech

The acquisition expands 2020’s end-to-end solutions into the adjacent market of fenestration and plans to offer extended solutions to new and existing customers for the design, construction and placement of windows and doors. 

Eastman Completes Acquisition of PremiumShield

Eastman Chemical Co. completed the acquisition of the business and assets of Matrix Films and its UK affiliate, PremiumShield Ltd., marketer of PremiumShield performance films, including its extended line of automotive film patterns.

Assa Abloy to Acquire Arran Isle Ltd in the UK

Assa Abloy signed a definitive agreement to acquire Arran Isle, a designer, manufacturer and distributor of door and window hardware in the UK and Ireland. The acquisition is subject to regulatory approval and customary closing conditions and is expected to close during the fourth quarter of 2021.

ASSA ABLOY to Acquire Hardware and Home Improvement Division of Spectrum Brands

ASSA ABLOY has signed a definitive agreement to acquire the Hardware and Home Improvement (“HHI”) division of Spectrum Brands for a purchase price of $4,300 million on a cash and debt free basis.

FHC Acquires A. Geo. Diack Inc.

The Frameless Hardware Co. acquired the assets of A. Geo. Diack Inc.

Assa Abloy Acquires Omni-ID in the US

Assa Abloy acquired Omni-ID, a manufacturer of RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring and alerting applications, based in the U.S.

Assa Abloy Acquires Capitol Door Service in the US

Assa Abloy acquired Capitol Door Service, a pedestrian door distributor and service company in California, Nevada and Arizona.

Hartung Glass Industries Acquires All Weather Glass & Aluminum’s Phoenix Facility

Hartung Glass Industries executed an agreement to acquire All Weather Glass & Aluminum in Phoenix. The transaction is effective Aug.1. Hartung is excited to expand its core business offering into this new market, while continuing to service AWGAA customers.

Consolidated Glass Holdings Files for Bankruptcy

Yahoo Finance reported that Consolidated Glass Holdings filed for Chapter 7 bankruptcy in mid-July, and that the company continues to have several creditors, including trucking and logistics companies. 

Cardinal Glass Industries Closes AGC Acquisition Deal

Cardinal Glass Industries announced that it finalized the transaction to acquire the assets of AGC Glass in Churchill, Tennessee; Abingdon, Virginia; and Spring Hill, Kansas. 

Assa Abloy Sells its Nordic Locksmith Business CERTEGO to Nalka Invest

Assa Abloy signed an agreement to sell its Nordic locksmith business Certego to Nalka Invest, which invests in small- and medium-sized businesses primarily in the Nordic region. This transaction reinforces the strategic focus on the core security solutions business of the Assa Abloy Opening…

Quikserv Announces the Acquisition of U.S. Bullet Proofing

Quikserv Inc., an industry manufacturer of transaction windows, ticket windows, and security transaction solutions, acquired United States Bullet Proofing Inc.

AGC to Sell North American Architectural Glass Business to Cardinal Glass Industries

Officials from AGC Inc. announced the company will sell its North American architectural glass business to Cardinal Glass Industries, according to a June 15 AGC release. The $450 million deal is subject to the approval of the related authorities, and the earliest closing would be July 2021,…

Faro Acquires HoloBuilder Inc.

Faro Technologies Inc., which manufactures and supplies 3D measurement, imaging, and realization solutions, announced the acquisition of HoloBuilder Inc.

Assa Abloy Acquires MR Group's Hardware Division in Portugal

Assa Abloy signed an agreement to acquire MR Group´s hardware division, a leading supplier of aluminum profile hardware and locks in Portugal. The acquisition is subject to regulatory approval and customary closing conditions and is expected to close during the third quarter of 2021.

Assa Abloy Acquires Sure-Loc in the US

Assa Abloy acquired Sure-Loc, a supplier of residential locks and associated hardware in the U.S. "I am very pleased to welcome Sure-Loc into the Assa Abloy Group. This acquisition delivers on our strategy to strengthen our position in the mature markets through adding complementary products and…

Prince International Corp. to Acquire Ferro Corp.

Prince International Corp., a portfolio company of American Securities LLC, announced that it is acquiring Ferro Corp. for $22.00 per share in cash, in a transaction valued at approximately $2.1 billion, including the assumption of debt, net of cash.

Sika Acquires Adhesives and Sealants Business in Japan

Sika agreed to acquire Hamatite, the adhesives business of The Yokohama Rubber Co.

M-D Building Products Acquires Cardinal Aluminum Co.

Oklahoma City-based M-D Building Products Inc., a family-owned company involved in developing, manufacturing, and marketing a range of residential and commercial weatherization, flooring, caulking, and specialty extrusion products, acquired the assets of Louisville-based Cardinal Aluminum Co. and…

CMS Acquires Manufacturer of Fabrication Machinery

CMS, a manufacturer of glass technology, acquired GFP, a Venice-based company specialized in cutting tables and seaming machines for glass fabricating.

Dodge Data & Analytics Announces Merger with The Blue Book Building & Construction Network

Dodge Data & Analytics and The Blue Book Building & Construction Network announced that they are combining their businesses in a merger. Dodge’s owner, Symphony Technology Group, a private equity firm focused exclusively on business-to-business data, software and analytics companies,…

Glasswerks Acquires Glass Manufacturing Assets of CCBP and J.E. Berkowitz

Glasswerks, a full-service fabricator of architectural glass headquartered in South Gate, California, acquired the glass manufacturing assets of Columbia Commercial Building Products and J.E. Berkowitz. Both companies were previously part of Consolidated Glass Holdings.

O3 Industries Acquires Solar Seal

Solar Seal has been acquired O3 Industries, a family investment company, and will operate as a standalone corporation, Solar Seal LLC. 

FHC Acquires Assets of Columbia Commercial Building Products

The Frameless Hardware Co. acquired substantially all of the assets of Columbia Commercial Building Products from Consolidated Glass Holdings.

View Inc. and CF Acquisition Corp. II Finalize Business Combination

View Inc., a Silicon Valley-based smart window company, completed its business combination with CF Finance Acquisition Corp.

Oldcastle BuildingEnvelope Acquires Certain Assets of Graham Architectural Products

Oldcastle BuildingEnvelope, a CRH company, announced it has completed the transaction to acquire certain assets and liabilities of Graham Architectural Products Co.

GED Integrated Solutions Acquires Norfield Inc.

GED Integrated Solutions Inc., a portfolio company of The Beekman Group, has acquired Norfield Inc., a California-based provider of automation equipment, parts and services to the residential and commercial door manufacturing market. 

American Bath Group Acquires DreamLine

DreamLine, a provider of glass shower doors, enclosures and accessories under the DreamLine and Arizona Shower Door brands, was acquired by the American Bath Group.

MI Windows and Doors Acquires Sunrise Windows & Doors

This is the second acquisition for MI in just over a year; the company acquired Milgard Windows & Doors in November in 2019.

View Inc. to Merge with CF Finance Acquisition Corp. II

View Inc., a Silicon Valley-based smart window company, and CF Finance Acquisition Corp. II, a special purpose acquisition company sponsored by Cantor Fitzgerald, entered into a definitive merger agreement.

Xinyi Glass to Buy China Glass

Xinyi Glass plans to acquire all of China Glass’s issued shares, according to Hong Kong-based newspaper, The Standard.

Atlas Holdings Completes Acquisition of Permasteelisa

Atlas Holdings completed its acquisition of Permasteelisa Group. The Group includes three brands, Permasteelisa, Gartner and Scheldebouw.

Assa Abloy Acquires Olimpia Hardware

Assa Abloy acquired Olimpia Hardware, a glass hardware and accessories brand in Latin America and the Caribbean.

Saint-Gobain Acquires Netherlands-based Construction Materials Manufacturer

Saint-Gobain acquired Strikolith in the Netherlands, a company specialized in the production of external insulation systems, interior finishings and renovation products and solutions.

Compusoft Group to Acquire Soft Tech

Soft Tech entered into an agreement to be acquired by global software company Compusoft Group for an undisclosed amount.

CGH Senior Management Team, Czech Asset Management Acquire Consolidated Glass Holdings

Consolidated Glass Holdings Inc. and its affiliates announced they have been acquired by new owners, including the CGH Senior Management Team, and a minority investment made by Czech Asset Management, L.P. and its affiliates.

LIXIL to Sell Permasteelisa to Atlas Holdings

LIXIL Group Corp. entered into a definitive agreement to sell Permasteelisa S.p.A to Atlas Holdings LLC. Atlas and its affiliates own and operate a diversified group of global manufacturing, distribution and construction businesses with a unique emphasis on safety and operational improvement.

TopBuild Acquires Cooper Glass

TopBuild Corp., an installer and distributor of insulation and building material products in the U.S., acquired Cooper Glass Co., a commercial glass company serving the Memphis market. Cooper was founded 28 years ago by Martin Cooper, who will join TruTeam and continue to manage this business.

The Voilàp Group Purchases Mecal

The Voilàp Group finalized an agreement to purchase 80 percent of the share capital of Mecal, an Italian company specialized in the manufacture of machinery and systems for processing aluminium and light alloys. Full implementation of this operation is planned during the first quarter of 2020.

Hartung Glass Industries Acquires NWI Seattle Operation

Hartung Glass Industries acquired 100 percent of the assets of the Seattle location of Northwestern Industries from South Gate, California-based Glasswerks.

Mainstreet Computers Acquires Utah-Based Software Provider

Mainstreet Computers, a subsidiary of Convenient Payments Holding, acquired Dialmark LLC, a Sandy, Utah-based provider of business software to the auto and flat glass industries.

American Insulated Glass Acquires Custom Fabricator A. L. Smith Glass

American Insulated Glass acquired A.L. Smith Glass Co. in Ijamsville, Maryland, located just east of Baltimore. This is the company’s fourth acquisition in less than two years.

AAMA and IGMA Officially Combine as Fenestration and Glazing Industry Alliance

The American Architectural Manufacturers Association and the Insulating Glass Manufacturers Alliance officially combined into one organization with the new name, Fenestration & Glazing Industry Alliance.

Research Frontiers Licenses SPD-SmartGlass to South Korean Venture Capital Firm

Glatic, a venture capital funded company based in Seoul, South Korea, acquired a license from Research Frontiers Inc. to produce and sell its SPD-SmartGlass smart windows for the South Korean architectural market.

Glasswerks Acquires Northwestern Industries Inc.

Glasswerks acquired the assets of Northwestern Industries Inc., a subsidiary of Japan-based Central Glass Co. This acquisition marks the latest investment as Glasswerks expands its reach and share in the western glass marketplace. 

Piab Group Acquires TAWI Group, Manufacturer of Lifting Solutions

Piab Group entered into an agreement to acquire TAWI Group, a manufacturer of smart lifting solutions with global reach. 

Cristacurva Sells Assets of Houston Plant to Oldcastle BuildingEnvelope

Cristacurva agreed to sell the assets of its Houston plant to Oldcastle BuildingEnvelope, part of CRH, and the agreement has been finalized.

YKK AP Acquires Erie Architectural Products Group

YKK AP America Inc. has acquired high-performance facades solutions provider Erie Architectural Products Group, according to a Dec. 9 company announcement.

Sisecam Inaugurates Second Float Facility in Italy

Şişecam Group has completed its renovation and modernization investment in the Manfredonia plant, the company's second flat glass investment in Italy.

The Novatech Group Acquires Laurier

The Novatech Group, a Toronto-based door manufacturer, acquired glass product manufacturer Laurier, based near Quebec City, Quebec, Canada.

Hegla and Bystronic Glass End Partnership in Mutual Agreement

Hegla and Glaston Corp. have decided to end the cooperation agreement between Hegla and Glaston company Bystronic Glass due to changes in the companies’ competitive positions.