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PGT Innovations signed a definitive agreement to acquire NewSouth Window Solutions, a manufacturer and installer of energy-efficient windows and doors, for $92 million in cash. NewSouth has showrooms in Florida and South Carolina.
“This transaction is expected to support our diversification into growing segments in the window and door industry, by enabling us to enter the direct-to-consumer channel, where NewSouth is a market leader in Florida.”sec.gov
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