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Announced

Completed

Oldcastle completed the acquisition of Syracuse Glass.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

wholesaler

Private

United States

Acquisition

Glass

Single Bidder

Friendly

Majority

Completed

Synopsis

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Oldcastle, a vertically integrated manufacturer, fabricator and distributor of architectural hardware, glass and glazing systems, completed the acquisition of Syracuse Glass, an independent fabricator and distributor of architectural glass and aluminum products serving glazing contractors, manufacturers and glass retailers. Financial terms were not disclosed. "Syracuse Glass Company has delivered high quality products and excellent customer service in its markets for more than a century. We are excited about the prospect of leveraging our collective cultures and capabilities to build on SGC's great reputation. This acquisition will allow our teams to provide industry-leading glazing solutions to better serve our customers and partners and help them be successful. Our enhanced presence in the Northeast region of the U.S. will enable OBE and SGC to capitalize on the market opportunity and grow our industry-leading market position," Bruno Biasiotta, Oldcastle BuildingEnvelope CEO.

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