Announced
Completed
Financials
Tags
Domestic
Completed
Majority
Friendly
copper
Building Materials: Other
Private Equity
Acquisition
United States
Single Bidder
aluminum
Private
steel
building products
Synopsis
Strategic Value Partners, a global investment firm, completed the acquisition of OmniMax International, a manufacturer of aluminium, steel, vinyl and copper building products. Financial terms were not disclosed. "Over the last five years, OmniMax has undergone a significant transformation on our journey towards long-term profitability and sustainable growth. Following a thorough review of strategic alternatives, SVPGlobal is the right partner to help enhance our competitive position, as we provide our customers with industry leading building products. SVPGlobal's support will allow us to further invest in expanding our markets and developing our product portfolio, while we continue to provide our customers the best-in-class products and service for which we are known," Richard Brown, OmniMax President and Chief Executive Officer.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.