CD&R to buy Ply Gem in take-private deal valued at $2.4 bln

Clayton, Dubilier & Rice has agreed to acquire Ply Gem Holdings Inc in a take-private deal valued at $2.4 billion. According to terms of the deal, Ply Gem shareholders will receive $21.64 per share in cash. Also, CD&R has agreed to acquire Atrium Windows & Doors and merge the company with Ply Gem to create an exterior building products company. Debevoise & Plimpton LLP served as legal adviser to CD&R on the deal. Headquartered in Cary, North Carolina, Ply Gem is a manufacturer of building products.

31 January 2018•5 mins read
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