VPI Quality Windows will acquire the majority of the window and door manufacturing assets of Mercer Windows, which recently announced it would close its Beaverton, Ore., facility due to the lingering effects of the recession. Terms of the transaction were not disclosed.
“This acquisition...allows us to rapidly add high-quality aluminum window and door offerings to our customers,” says Burke Blevins, president and chief executive officer of VPI. “We are proud to have the opportunity to keep the Mercer legacy alive, making Mercer windows, with Mercer employees, at the Mercer facility.”
“Mercer Industries had significant discussions with many window and door companies over the past few weeks and VPI emerged as the best fit," says Dan Boverman, chief restructuring officer for Mercer Industries. "Not only will VPI be a quality steward of the Mercer Windows product line, customers, employees and suppliers, it is well positioned to allow us to quickly resume normal business operations, which is great news for our customers.”
VPI will acquire the Mercer brand and manufacturing assets, which include several proprietary window design technologies. VPI intends to retain a majority of Mercer Windows’ employees including management, inside sales staff and production workers at Mercer’s Beaverton, Ore., facilities, as well as field sales staff, the company reports.