Date: 23 December 2015
TREND produces aluminium, timber and thermal energy efficient windows and doors under a variety of brand names, including: Trend, Synergy, Quantum, Quantum XP Windows, Crestlite (commercial), Trend thermAL Energy Efficiency, Thermashield, SoundMizer and Xtreme Bushfire Protection Windows & Doors.Founded in 1968, TREND has an extensive manufacturing and showroom network across eastern Australia.The addition of TREND’s iconic brand name will expand JELD-WEN’s family of brands in Australia, which also includes Corinthian, Aneeta, Regency, Stegbar, Airlite, William Russell Doors, and JELD-WEN Glass.
The transaction is expected to close in the first quarter of 2016, and is subject to customary closing conditions.
Upon closing, the transaction will be the fifth acquisition for JELD-WEN in recent months and the second acquisition in Australia.
The company most recently announced the acquisition of LaCantina Doors, a manufacturer of folding and multislide door systems based in California. Other recent acquisitions from JELD-WEN include: Karona, a stile and rail wood door manufacturer from Michigan; Dooria, a leading provider of residential and commercial wood doors in the Swedish and Norwegian markets; and Aneeta, a manufacturer of sashless window systems in Australia.
JELD-WEN—a leading global manufacturer of windows, doors, and treated composite trim and panels—operates in more than 20 countries with $3.5 billion in revenue, half of which comes from outside the United States. Headquartered in Charlotte, N.C., the company provides products that enhance the beauty and functionality of homes and commercial buildings. JELD-WEN’s full breadth of products has earned numerous awards and endorsements for dependability, innovation and excellence—providing solutions that deliver exceptional value for builders, architects and homeowners around the world. JELD-WEN is a recognized leader in manufacturing energy-efficient products and has been an ENERGY STAR® Partner since 1998. For more information about JELD-WEN, or to find a dealer, visit www.jeld-wen.com or call 800-877-9482.