Gibraltar Industries to acquire OmniMax International from Strategic Value Partners for $1.335bn.

Gibraltar Industries, a manufacturer and distributor of building products for the residential, industrial, and infrastructure markets, agreed to acquire OmniMax International, a company that manufactures building and transportation products, from Strategic Value Partners, an investment management firm, for $1.335bn. “The acquisition of OmniMax, and its highly complementary brands, product portfolio, and footprint with localized expertise, accelerates our strategy to expand in residential building products while enhancing customer experience. In getting to know the OmniMax team, it’s clear we both share a commitment to high-quality responsive service, and we look forward to welcoming them to the team. Together, we will deliver greater value for our customers and to Gibraltar’s shareholders as we leverage business processes and systems to accelerate growth, generate strong cash performance, and continue to be a leader in the industry,” Bill Bosway, Gibraltar Chairman and CEO.