Done deal: MI Windows and Doors acquires Milgard
MI Windows and Doors (MI) announced that it has finalized its acquisition of Milgard Windows & Doors from Masco Corporation.
The acquisition combines two leading brands in the residential window industry and positions MI to become the most well-known window business in America, MI said. The final price tag of the acquisition is about $725 million.
“MI and Milgard align culturally, complement each other’s strengths, and allow for geographic expansion of our already popular product lines,” said MI CEO Matt DeSoto. “Combining these two companies is great for everyone involved – our teams, our customers, our suppliers, and our local communities.”
The deal between Masco and MI was first announced at the start of October.
Founded in 1947, MI is one of the nation’s largest suppliers of precision-built and energy-efficient vinyl and aluminum windows and sliding patio doors. With plants in Arizona, Pennsylvania, and Texas, MI offers a broad spectrum of products for both the new construction and replacement markets.
“This is an exciting time for our businesses and our industry. We are excited to be joining the MI family and together we will achieve our Vision to become the most valuable brand in the fenestration industry,” said Milgard President Vishal Singh.
The acquisition combines two leading brands in the residential window industry and positions MI to become the most well-known window business in America, MI said. The final price tag of the acquisition is about $725 million.
“MI and Milgard align culturally, complement each other’s strengths, and allow for geographic expansion of our already popular product lines,” said MI CEO Matt DeSoto. “Combining these two companies is great for everyone involved – our teams, our customers, our suppliers, and our local communities.”
The deal between Masco and MI was first announced at the start of October.
Founded in 1947, MI is one of the nation’s largest suppliers of precision-built and energy-efficient vinyl and aluminum windows and sliding patio doors. With plants in Arizona, Pennsylvania, and Texas, MI offers a broad spectrum of products for both the new construction and replacement markets.
“This is an exciting time for our businesses and our industry. We are excited to be joining the MI family and together we will achieve our Vision to become the most valuable brand in the fenestration industry,” said Milgard President Vishal Singh.