CRESTLINE-MERGING-VINYL-WOOD-OPERATIONS plasticsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plasticsnews.com Daily Mail and Mail on Sunday newspapers.
Window and door maker Energi Fenestration sold to three Canadian firms
The buyers are Ontario-based Vision Group of Companies and Quebec-based Novatech Group and Thermoplast Extrusions. May 21, 2021 Canadian Plastics
In a deal that involves Canadian plastics pioneer Vic De Zen, Los Angeles-based private equity firm OpenGate Capital has sold Energi Fenestration Solutions Ltd., a maker of rigid and cellular vinyl window and patio door profiles, to three Canadian companies, each of which are acquiring various portions of the business.
The financial terms of the deals have not been disclosed.
One of the buyers is Woodbridge, Ont.-based Vision Group of Companies, which makes PVC and fibreglass columns, vinyl fences, PVC railing, patio doors, basement windows, and custom profiles. “The integration will be complete within the coming months and we will be able to maximize our manufacturing, purchasing, and human resources,” Vision Group chairman and CEO
OpenGate sells Energi Fenestration; De Zen buys back part of Royal Group plasticsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plasticsnews.com Daily Mail and Mail on Sunday newspapers.