Haddon Adds Speyer Technology

February 23, 2010
Companies

The owner of Accu-Weld Windows & Doors, Haddon Windows LLC, has purchased the intellectual property and assets of Speyer Door & Window Inc. of Boca Raton, Fla. With the acquisition, Accu-Weld plans to incorporate a range of Speyer technologies to lock and seal the full perimeter of entry doors, sliding doors, overhead doors and windows.

In laboratory tests, Speyer’s products have exhibited superior performance in the areas of air and water infiltration, energy efficiency, impact resistance and resistance to forced entry, the company reports. These characteristics will make products using the Speyer technology ideal in settings from the wind zone to cold climates and urban centers throughout the country, officials state.

“The Speyer technology is unlike anything that we’ve seen announced in the marketplace," states John Haddon Jr., Accu-Weld president. "We are focused on delivering market leading energy efficiency and security capabilities and are excited about the potential of these technologies in our products. These unique and patented capabilities greatly complement our Secura-Seal line of entry doors. During the next few months we will expand our dealer channel in anticipation of market launch.”

“We’re delighted to be working closely with the Haddon family," says Kip Speyer, president and co-founder of Speyer. "We look forward to the rollout of products utilizing the revolutionary technology that we created over the last four years.”

Haddon Windows LLC, a family-owned business based in Bensalem, Pa., acquired Accu-Weld in early 2009.  At the time, it said it would look at further industry acquisitions as well.

Chicago-based Jordan, Knauff & Co. served as exclusive advisor to Speyer in this transaction.  Terms of the agreement were not disclosed.