Pella buys Efco
Pella Corp. acquired Efco Corp., of Monett, Mo., on August 28 for an undisclosed amount, according to a Pella release. The aluminum curtain wall, window and storefront company will now be known as Efco, a Pella Company.
Efco will continue to produce Efco-brand products in Monett, and its 1,600 employees will remain at the company. Efco's independent representatives also will continue to sell its products nationwide during the transition to new ownership, according to the release.
"The addition of Efco people, processes and products to the Pella system, along with the support of their independent representatives, will provide even more innovative options for commercial customers seeking quality solutions to meet their fenestration needs," Pella president and CEO Mel Haught said in the release.
Efco will continue to operate as a privately held company under Pella ownership, Haught said.
Chris Fuldner, Efco's CEO, said the acquisition by Pella should allow the business to continue to meet the future needs of the commercial building industry. "When I joined the business 33 years ago, we employed about 60 people," Fuldner said in the release. "Today, we're proud to provide careers for the 1,600 people who work for Efco and we're very proud the company is joining Pella, an industry leader and innovator which shares the same values, Midwestern roots and strong work ethic focused on serving customers."
Pella designs, tests, manufactures and installs windows and doors for new construction, remodeling and replacement applications. The company has more than 9,000 team members.