Quanex Completes Sale of Nichols Aluminum

Quanex Building Products Corp. completed the sale of its interest in Nichols Aluminum LLC, a wholly owned subsidiary, to Aleris for $110 million in an all-cash transaction. The previously pending sale was announced in February.

“Going forward, our full focus will be on growing our position as a leading window and door component supplier both domestically and internationally,” says Bill Griffiths, Quanex chairman, president and CEO.

Evercore Partners acted as financial advisor and Norton Rose Fulbright acted as legal counsel to Quanex.

This entry was posted in News, Today's News and tagged , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Current day month ye@r *