Pella Corp. to sell subsidiary

Pella Corp. might be known for its windows for stately homes, but it has also manufactured architectural aluminum windows, curtainwall, storefront and entrance systems for commercial construction through its EFCO Corp. subsidiary. On May 1, it was announced that that subsidiary is being sold to Apogee Enterprises.

EFCO, founded in 1951, is headquartered in Monett, Missouri, where full production capabilities are located; it has additional facilities in Missouri, Illinois and Virginia. EFCO has approximately 1,600 employees and has been owned by Pella Corporation since 2007.

Apogee, headquartered in Minneapolis, is a leader in technologies involving the design and development of value-added glass products and services. The company is organized in four segments: architectural glass, architectural framing systems, architectural services and large-scale optical.

Harris Williams & Co. is advising the companies on the pending sale. “The management team at EFCO has done a terrific job of leveraging the company’s strengths in design, quality, customization and service to build one of the industry’s leading providers of architectural solutions with terrific growth prospects,” said Mike Hogan, a managing director in Harris Williams & Co.’s Building Products & Materials Group.