NX - Quanex Makes Billion-Dollar Move: Acquires Construction Solution Provider Tyman | Benzinga
Quanex Building Products Corporation (NYSE:NX) has reached an agreement to acquire the entire issued and to be issued share capital of Tyman plc for about $1.1 billion enterprise value,
Tyman offers solutions in the window and door hardware, commercial access solutions, and seals and extrusions vertical segments for residential and commercial users across its North America, U.K. and Ireland, and International divisions.
“This transformative acquisition accelerates our journey to becoming ‘BIGGER’, creating a leading supplier of building products with a more diverse geographic footprint, product offering and customer base,” said Chairman, President and CEO George Wilson.
“As one company, we ...