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Pgt Innovations Acquires Martin Door; Expands Into Garage Door Market

RECENTLY ACQUIREDOct 17, 2022

Acquiring Company

PGT Innovations

Acquired Company

Martin Door

North Venice TerraceSalt Lake CityManufacturingBuilding MaterialManufacturingBuilding Material

Description

PGT Innovations, Inc. (NYSE: PGTI), a national leader in premium windows and doors, including impact-resistant products and products designed to unify indoor/outdoor living spaces, today announced it has acquired Martin Door Holdings, Inc. (“Martin”) for a purchase price of approximately $185 million. Martin, manufacturer of the “World’s finest, safest garage doors,” is headquartered in Salt Lake City, UT, and is a leading custom manufacturer of premium overhead garage doors and hardware serving the Western U.S. residential and commercial markets.

Quick answer

PGT Innovations is acquiring Martin Door, announced October 17, 2022. PGT Innovations is based in North Venice Terrace, Florida, United States.

How much did PGT Innovations pay for Martin Door?
The deal value was not disclosed.
What does PGT Innovations do?
PGT Innovations manufactures and supplies premium windows and doors.
Where are PGT Innovations and Martin Door based?
PGT Innovations is based in North Venice Terrace, Florida, United States. Martin Door is based in Salt Lake City, Utah, United States.
Who are the decision-makers at PGT Innovations?
Fundz holds 1 contact at PGT Innovations. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

PGT Innovations

Location

North Venice Terrace, Florida, United States

About

PGT Innovations manufactures and supplies premium windows and doors. Its highly engineered and technically advanced products can withstand some of the toughest weather conditions on earth and are revolutionizing the way people live by unifying indoor and outdoor living spaces. Headquartered in Venice, Fla., PGT Innovations’ national footprint includes 15 facilities and a multichannel distribution / dealer platform with more than 5,000 employees. PGT Innovations creates value through deep customer relationships, understanding the unstated needs of the markets it serves, and a drive to develop category-defining products. PGT Innovations is also the nation’s largest manufacturer of impact-resistant windows and doors and holds the leadership position in its primary market. The PGT Innovations’ family of brands include CGI®, PGT® Custom Windows and Doors, WinDoor®, Western Window Systems, Eze-Breeze®, CGI Commercial, NewSouth Window Solutions and a 75 percent ownership stake in Eco Window Systems. The company’s brands, in their respective markets, are a preferred choice of architects, builders, and homeowners throughout North America and the Caribbean. Their high-quality products are available in custom and standard sizes with massive dimensions that allow for unlimited design possibilities in residential, multi-family, and commercial projects. For additional information, visit www.pgtinnovations.com.

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Frequently asked

Who acquired Martin Door?

Martin Door was acquired by PGT Innovations, based in North Venice Terrace. The deal was reported on October 17, 2022. PGT Innovations manufactures and supplies premium windows and doors. PGT Innovations is privately held and operates in Manufacturing.

When did PGT Innovations acquire Martin Door?

PGT Innovations's acquisition of Martin Door was reported on October 17, 2022. PGT Innovations, Inc. (NYSE: PGTI), a national leader in premium windows and doors, including impact-resistant products and products designed to unify indoor/outdoor living spaces, today announced it has acquired Martin Door Holdings, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Martin Door do?

Founded in 1936, Martin Door is a manufacturer of “The World’s Finest, Safest Doors” and has one of the largest selections of customizable options to serve all residential and commercial garage door needs. It is privately held, operating in Manufacturing, and is based in Salt Lake City.

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