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JELD-WEN Announces Strategic Review of its Australasia Business

/PRNewswire/ JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, today announced that it has initiated a comprehensive.

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JELD-WEN Announces Strategic Review of its Australasia Business

CHARLOTTE, N.C., Aug. 31, 2022 /PRNewswire/ JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, today announced that it has initiated a comprehensive review of strategic alternatives for its Australasia business. "We are executing on our strategy to maximize shareholder value and position JELD-WEN for long-term success," said David Nord, chair of the JELD-WEN board of directors. "As part of this effort, the board is evaluating a range of options for our Australasia business, which represents approximately 10 percent of global revenues. This review is consistent with our goal to streamline and simplify our operations across the company." Nord continued, "The Australasia business has achieved market-leading positions and delivered consistently strong results. Australasia is well-placed for long-term growth, and this strategic review will assess options for this high-quality business with the objective of unlocking value for a

Australia
Malaysia
Indonesia
United-states
America
Australian
Herbert-smith-freehills
David-nord
Exchange-commission
Holding-inc
Jeld-wen-inc
Macquarie-capital

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