Partnership Leverages Combined Technology and Innovation Know-How
aluplast® strengthens its position in the US market through the acquisition of the uPVC system provider Chelsea Building Products. The aluplast group, which holds a portfolio of global holdings and is an industry-leading brand in Europe, extends its portfolio for windows and doors, siding, mouldings and more.
Through the acquisition of the company based in Pittsburgh, Pennsylvania, aluplast can extend its market positon in the US Market and rely on Chelsea’s strong brand reputation, high-quality products, and diverse portfolio.
Chelsea Building Products will continue to operate independently, maintaining its current identity in Oakmont, Pennsylvania, as well as in the marketplace.
“Everyone at Chelsea is looking forward to the partnership with this successful global company,” says Peter Dewil, President and CEO of Chelsea Building Products. “It will bring additional technological expertise and research to integrate into our current processes. It also complements our philosophy of product innovation and continuous improvement, and strengthens our ability to provide the benefits of both to our customers.”
Dirk Seitz, CEO of aluplast, adds, “We see Chelsea as a cornerstone of our global strategy. This partnership, and the experience and knowledge of the market that Chelsea brings, will allow us to build a strong platform for substantial growth in the United States. Together, we are excited to combine efforts to pursue long-term, strategic goals.”