MI Windows and Doors, manufacturer of vinyl and aluminum windows and sliding patio doors, entered into a definitive agreement to purchase Milgard Windows & Doors from parent company Masco Corp. The deal is expected to close by the end of 2019.
The acquisition combines two leading brands in the residential window industry. MI started as an insect screen fabricator and Milgard as a glass shop. Today, MI is known throughout the eastern and southern United States, while Milgard is a trusted name in the western United States.
“This acquisition aligns with our strategies to diversify our product offering, balance the end markets we serve, and expand our presence in growing markets," says Matt DeSoto, MI CEO. "Milgard’s dedication to manufacturing high-quality, market-preferred windows and doors makes it a natural fit for MI, as both companies share a family-first culture where team member and customer satisfaction are top priorities. We are pleased to welcome the Milgard team to the MI family, and we are confident they will help us achieve our Vision to be the most valuable brand in the fenestration industry.”
“MI has a deep history in the window industry, and we are excited about the opportunity to join their first-class organization," says Vishal Singh, Milgard president. "As part of the MI team, we will be better positioned to enhance our growth and continue delivering the best products and customer experiences to our dedicated dealer network."
