Oldcastle Glass(R) Acquires Antamex International, Inc.

Oldcastle Glass has acquired Toronto-based Antamex International, Inc., a privately-held supplier of high-performance curtain wall systems and engineering design services for commercial, institutional and multi-story condominium construction markets.

Antamex will become the cornerstone of Oldcastle Glass Envelope(TM), a comprehensive range of architectural glass, operable windows, storefronts, doors and curtain wall products designed to close the building envelope.By narrowing the number of vendors required in building construction projects, Oldcastle Glass Envelope will allow architects, developers and glazing contractors to reduce inherent risks, minimize costs, and close the building envelope more quickly and efficiently.

"By virtue of its extensive engineering design capability, outstanding market reputation, and international project portfolio, Antamex participates in commercial construction projects from their earliest stage," said Ted Hathaway, CEO, Oldcastle Glass. "This acquisition puts Oldcastle Glass in a unique position to seamlessly integrate Building Envelope products and services, including architectural glass and custom-engineered curtain wall. Antamex is a world-class company and a superb strategic fit with our Building Envelope strategy."

"Oldcastle Glass provides Antamex with significant financial resources and substantial capabilities in high-performance architectural glass products and services throughout North America. This partnership will strengthen our company as we extend our geographic reach, enhance our product offerings, and bring greater value to our customers," said Elio Toffoli, Antamex's current President and CEO, who will continue to lead the company after the acquisition.

About Oldcastle Glass(R) -- Today, the designers and creators of our modern world continually push the limits of what a building is and can be. Yet project timelines shorten and buildings become more complex. At Oldcastle Glass our response is simple: unify glass and structure to create seamless building envelope solutions. Never before has glass and structure spoken the same language so fluently. We are where glass becomes architecture.

Read the entire news on the source link below.

600450 Oldcastle Glass(R) Acquires Antamex International, Inc. glassonweb.com
Date: 10 August 2006
Source: Prnewswire.com

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