Grandland Group to acquire Permasteelisa shares for $467 million

Grandland Group has agreed to acquire LIXL Group Corporation's shares in Permasteelisa Group for a base sale price of $467 million, creating a major global curtain wall player.

“Combining Permasteelisa’s position as a premium leader in the market and its scale across EMEA, North and South America as well as parts of Asia, along with Grandland’s industrial integration capabilities and strength in China, will create an even a bigger player in the curtain wall segment globally”constructiondigital.com

• 1 source
• constructiondigital.comGrandland Group joins forces with Permasteelisa to create major global architecture player | Construction DigitalDale BentonMay 16, 2020

Summarized from public sources; check the original articles before acting on it.