PGT Innovations to Acquire Anlin Windows & Doors
PGT Innovations (NYSE: PGTI), the Venice-based manufacturer of windows and doors, announced that it has signed an agreement to acquire Anlin Industries, also known as Anlin Windows & Doors, for a purchase price of approximately $126 million. Anlin Windows & Doors is headquartered in Clovis, California, and is recognized by dealers and customers as a top western region brand in the vinyl replacement windows and doors market. The company has also been ranked as a Top 100 Manufacturer by Window & Door Magazine for over 20 years and a 5-star consumer-rated replacement vinyl window manufacturer. It will operate under the Western Business Unit of PGT Innovations. Anlin Windows & Doors’ CEO John Maloney will remain at the company in an advisory role, with Mark Maloney assuming the role of vice-president and general manager of Anlin Windows & Doors effective as of the closing of the transaction, which is expected to occur in early Q4.