NCI Building Systems, Inc. purchased 100% of the outstanding limited liability company interests of Environmental Materials, LLC for approximately $186 million. The acquisition combines NCI with Ply Gem to create a leading exterior building products manufacturer.
Ply Gem and NCI Building Systems will combine in a stock-for-stock merger with an equity value of about $2.6 billion. The combined company will be headquartered in Cary, N.C., and is expected to close in Q4 2018.
Clayton, Dubilier & Rice (CD&R) funds will acquire all outstanding shares of Ply Gem Holdings, Inc. in a go-private transaction valued at approximately $2.4 billion. CD&R also agreed to acquire Atrium Windows & Doors and merge it with Ply Gem to form a building products company with over $2.4 billion in 2017 revenue.