Platinum Equity completed the acquisition of the Australia windows and doors business from Jeld-Wen for $461m.

Platinum Equity, a global investment firm, completed the acquisition of the Australia windows and doors business from Jeld-Wen, a manufacturer of doors and windows, for $461m. "We are proud to have crafted a divestiture solution that delivers speed and certainty to JELD-WEN at a time when the M&A market remains challenging. We are excited about the prospects for the Australasia business. Platinum has decades of experience with corporate carve outs, helping establish standalone companies that can maximize their potential," Louis Samson, Platinum Equity Co-President.