PGT Innovations Acquires Martin DoorOctober 18th, 2022 by Editor
PGT Innovations Inc., has announced that it has acquired Martin Door Holdings Inc., a custom manufacturer of premium overhead garage doors and hardware serving the Western U.S. residential and commercial markets. The transaction is part of PGT Innovations’ move into adjacent building product categories that complement its current portfolio of door and window brands. The expansion of product categories, along with the breadth of markets currently served by Martin, supports PGT Innovations’ strategic plan to scale its business and grow in desirable markets and geographies. The deal is reported to have had a purchase price of approximately $185 million.
The addition of Martin’s established brand further strengthens PGTI’s market presence in the Western region, an area currently served by two of PGT Innovations’ window and door brands – Western Window Systems and Anlin Windows & Doors. Martin will operate under the Western Division of PGT Innovations. Martin’s CEO Scott Huntsman will remain with the company and assume the role of President of Martin Doors. Through this reporting structure, the PGT Innovations team will collaborate with the Martin team to share best practices that may benefit the organization as a whole.