Announced
Financials
Tags
glass manufacturer
Glass
Majority
glazing
Private
Friendly
Single Bidder
Pending
Acquisition
Domestic
Canada
Synopsis
Exchange Income Corporation, a diversified, acquisition-oriented corporation, agreed to acquire BVGlazing Systems, a glazing systems manufacturer, for $95m. “Our team is excited about taking this next step in our company’s growth. Quest has a great reputation in the market, and we’ve seen how they’ve grown since EIC’s investment. Their strong presence in the US, with both a large manufacturing facility and internal installation capabilities, are true differentiators. Working together with EIC and our new sister company Quest, we’ll be able to offer our customers even greater value through our combined capacity. This means we’ll be much better positioned to compete for jobs across North America,” Mike Cornacchia, BVGlazing President.
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