NCI Building Systems

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.

NCI Building Systems shareholders voted to approve the merger with Ply Gem Parent, LLC. The merger is expected to close on November 16, 2018, creating a leading exterior building products company.

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.

NCI Building Systems and Ply Gem Parent have signed a definitive agreement to combine in a stock-for-stock merger, creating a company with a pro forma enterprise value of $5.5 billion and implied equity value of $2.6 billion.