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Cornerstone Building Acquires Prime Window Systems to Expand Position in Residential Markets
Tuesday 04 May 2021

North Carolina, US-based exterior building product manufacturer Cornerstone Building Brands, Inc. (NYSE: CNR) has acquired Colorado-based vinyl window and door manufacturer Prime Window Systems to expand position in in residential markets, the company said.

Terms of the transaction were not disclosed.

The acquisition of Prime Window strengthens Cornerstone's multi-channel offering, and increases manufacturing scale, creating new opportunities in the West.

Cornerstone Building Brands expects the transaction to be accretive through purchasing and manufacturing optimisation synergies, margin expansion and revenue growth opportunities.

Prime Window generated approximately USD 60m in sales during 2020.

Cornerstone Building Brands is a manufacturer of exterior building products for residential and low-rise non-residential buildings in North America.

Prime Window serves residential new construction and repair and remodel markets with energy efficient vinyl window and door products. The company has approximately 300 employees at manufacturing locations in Colorado and Washington.
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Date Published: 04/05/2021

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