Jeld-Wen to Acquire Australian Fenestration Company

December 23rd, 2015 by Editor

Jeld-Wen has entered into an agreement to acquire Trend Windows & Doors, a leading manufacturer and supplier of doors and windows in Australia.

Trend has a large network of manufacturing sites and showrooms across eastern Australia. It produces aluminum, timber and thermal energy-efficient doors and windows  under several brand names, including Trend, Synergy, Quantum, Quantum XP Windows, Crestlite (commercial), Trend thermAL Energy Efficiency, Thermashield, SoundMizer and Xtreme Bushfire Protection Windows & Doors.

The addition of Trend will expand Jeld-Wen’s family of brands in Australia, which also includes Corinthian, Aneeta, Regency, Stegbar, Airlite, William Russell Doors, and Jeld-Wen Glass.

The transaction, which is subject to regulatory approval, is expected to close in the first quarter of 2016.

It’s the fifth acquisition for Jeld-Wen in recent months and the second acquisition in Australia.

The company recently announced that it’s buying LaCantina Doors, a manufacturer of folding and multislide door systems based in California. Other recent Jeld-Wen acquisitions include Karona, a stile and rail wood door manufacturer in Michigan; Dooria, a leading provider of residential and commercial wood doors in the Swedish and Norwegian markets; and Aneeta, a manufacturer of sashless window systems in Australia.

The string of acquisitions could be related to the door and window giant becoming a publicly traded company. In August, the Wall Street Journal reported that Jeld-Wen is considering a $4 billion initial public offering (IPO).

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