PGT Innovations Inc., a national provider of windows and doors, has acquired Martin Door Holdings Inc. for a purchase price of approximately $185 million.
Martin manufactures garage doors and is headquartered in Salt Lake City, Utah, and is a leading custom manufacturer of premium overhead garage doors and hardware serving the Western U.S. residential and commercial markets.
In a statement, the company said the transaction is consistent with PGT Innovations’ continuing move into adjacent building product categories that complement its current portfolio of window and door brands.
The expansion of product categories, along with the breadth of markets currently served by Martin, supports PGT Innovations’ strategic plan to scale its business and grow in desirable markets and geographies. The addition of Martin’s established brand also further strengthens the company’s market presence across the growing Western region, an area currently served by two of PGT Innovations’ window and door brands – Western Window Systems and Anlin Windows & Doors.
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