Caldwell Hardware UK Acquires Cotswold Architectural Products
January 7, 2014
Caldwell Hardware UK Ltd., the European supplier of specialized hardware for the window and door industry, acquired Cotswold Architectural Products Ltd. of Cheltenham, England.
"The Cotswold [operable window hardware] lines will be complementary to the Magnum range of friction stays already offered by Caldwell’s Advantage Manufacturing division located in Victor, New York,” says Eric Mertz, president and CEO of parent company Caldwell Manufacturing, the Rochester, N.Y., based supplier of window balance and casement window hardware products.
Each company's business units will continue to operate as two separate entities. Current Cotswold directors will remain involved in the business under terms of the purchase agreement, and operations will continue out of the Cheltenham facility.