PGT Innovations acquired the remaining outstanding 25% ownership interest in Eco Enterprises LLC. PGT Innovations first acquired 75% ownership stake in Eco Enterprises in 2021 to accelerate revenue growth, expand margins and strengthen supply chain by adding glass production capacity while diversifying and bolstering product lines to provide opportunities in residential and commercial markets. Eco is a leading brand of aluminum, impact-resistant windows and doors primarily serving the south Florida region, with manufacturing and glass processing facilities in Miami, Florida.
PGT’s response
“Since acquiring ownership in Eco, we’ve been able to utilize this vertical integration to service the glass needs for some of our other brands,” said Jeff Jackson, president and CEO, PGT Innovations. “We’re very excited to reach the finalization of this purchase as it will allow us to further serve high-growth markets in which we operate.”