Soft-Lite Affiliate to Acquire THV Holdings

November 12th, 2015 by Editor

PTHV Acquisition, an affiliate of Soft-Lite, based in Streetsboro, Ohio,  intends to acquire the assets and product lines of THV Holdings, located in Louisville, Ky.

THV filed a Chapter 11 reorganization bankruptcy case in July. PTHV reached an agreement in principle to acquire the assets of THV.

“We are very excited about this acquisition and what it means for our company,” said Roy Anderson, president of Soft-Lite. “It will allow Soft-Lite to expand its operations with more than an additional 100,000 square feet of manufacturing space and offer an exclusive composite window line, entry door line and storm door line to better serve our existing customers and further grow our network of dealers and distributors.”

Anderson added that Soft-Lite is excited to begin working with THV’s dealers and distributors and looks forward to forming a lasting business relationship with all of these parties. PTHV will have no responsibility for THV’s debts, but has already begun establishing new and cordial relations with THV’s prior suppliers.

“It is a testament to the quality of THV’s product, brand and employees that we were able to find a buyer of Soft-Lite’s stature,” said THV president Larry Smith. “When combined with Soft-Lite’s stellar reputation in the industry, we believe this transaction is the best possible result, given the difficult situation at hand.”

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  1. My supplier is soft-lite windows. I had no idea this was happening. I’m interested to see how this plays out and what Soft-lite is going to do in terms of the product line.

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