Oregon's Jeld-Wen praises completed Onex takeover deal: 'will allow us to further grow'

Date: 5 October 2011
Source: http://www.oregonlive.com
Jeld-Wen's savior materialized Monday in the form of Onex Corp., a Canadian firm that injected $871 million to revive the window-and-door company bloodied by the housing market crash.

Onex, betting on the global housing market's eventual recovery, announced that it had completed its takeover of Klamath Falls-based Jeld-Wen. The Toronto private-equity firm gained a 58 percent stake in Oregon's largest privately held company.

The deal ends family control of the business co-founded by Dick Wendt, who died last year after building the enterprise into a multibillion-dollar venture operating in 22 countries.

Read more: www.oregonlive.com/business/index.ssf/2011/10/oregons_jeld-wen_praises_compl.html

600450 Oregon's Jeld-Wen praises completed Onex takeover deal: 'will allow us to further grow' glassonweb.com

See more news about:

Others also read

Proprietary laminate windows collect, store energy; convert it to electricityRIVIERA BEACH, FL – An innovative new patented technology transforms office building windows into "solar farms" and allows these structures to reuse collected energy and become self-sufficient in the event of a power outage.
DALLAS, Texas, December 22, 2011 /PRNewswire/ --ReportsnReports adds new market research report 'Solar Photovoltaic (PV) Power - Global Market Size, Installation Prices, Module Market Shares, Market Segmentation, Regulations and Key Country Analysis to 2020' to its store.
The University of Minnesota's historic Folwell Hall completed three years of extensive renovation, just time for the 2011 academic year.
The development of ESG’s privacy glass product, ESG Polyvision™, has quite literally reached new heights.
We sincerely thank all our members, friends and visitors for being part of GlassOnWeb and its success during 2011.
Michael Gai has been named Vice President of Operations at Glass Doctor, following the recent promotion of Mark Liston to President.

Add new comment