Quanex Expects to Close Edgetech Deal Soon
Quanex Building Products Corp. said Friday it will close its acquisition of Edgetech I.G. Inc. on or before April 1. Quanex received the applicable government approvals, and as previously announced, the $107 million purchase will be an all-cash transaction, officials report.
Edgetech is headquartered in Cambridge, Ohio, and has three manufacturing facilities that produce and market a full line of warm edge insulating glass spacer systems for window and door customers in North America and abroad. It will be part of Quanex's Engineered Products Group, which also includes Mikron Industries, Truseal Technologies and Homeshield Fenestration Components.