Mergers & Acquisitions

American Insulated Glass Acquires Innovative Glass of America

American Insulated Glass (AIG), a glass fabricator and wholesale distributor in the Southeast, has acquired Innovative Glass of America (IGA), a North Carolina-based glass fabricator and wholesale distributor. This deal enables AIG to expand its market reach and product capabilities across the Southeastern U.S., according to the company.

“We are thrilled to welcome IGA to the AIG team,” says Billy Blair, president and CEO of AIG. “For decades, IGA has provided quality products and service to glazing contractors in North and South Carolina, and portions of Virginia and South Georgia. This acquisition will allow AIG to better serve customers across the Southeast with a variety of outstanding product capabilities as our company continues to grow.”

With a new fabrication facility recently opened in Birmingham, Ala., along with its current facilities in Atlanta and Pensacola, Fla., and IGA’s facility in Dallas, N.C., AIG now has the entire Southeast market covered, according to the company. Each of its facilities is equipped with insulating glass lines for residential and commercial markets, edging, beveling and tempering.

IGA founder and president Louie Dean, was a driving force in bringing the two companies together and he will continue to manage the daily operations in Dallas, N.C.

“I am so proud of the talented and loyal team of employees we have at IGA and we are truly excited to be joining the American Insulated Glass family. We have great, long-standing working and personal relationships with the leadership at AIG and we look forward to the success that will come from being a part of a larger unified team,” says Dean.

“Louie has built a great company at IGA and we are eager to have them join our team and believe it will make for a smooth transition being that our company cultures are very similar,” adds Blair. “The IGA team is highly knowledgeable and well-respected, and we are pleased to gain access to their vast experience, which will enhance our ability to service customers in the Southeast.”

HMI Cardinal Acquires Woon-Tech

HMI Cardinal, a domestic manufacturer of custom glass shower enclosures and other commercial glazing solutions, has acquired glass shower enclosures manufacturer Woon-Tech, also known as Woonsocket Glass Fabricators, based in Whitinsville, Mass. Woon-Tech also fabricates other specialty glass products including glass entrances, mirrors and digitally printed glass. The deal was finalized on October 16, 2018.

With the addition of Woon-Tech, HMI Cardinal is expanding its shower glass manufacturing capabilities outside of its Louisville, Ky., headquarters. This decision, according to the company will allow it to better serve its national customer base. In addition, this acquisition extends the company’s specialty glass fabrication capabilities through Woon-Tech’s digital ceramic in-glass printing, backpainting, glass lamination and specialty mirror manufacturing.

As a new subsidiary of HMI Cardinal, Woon-Tech will retain its new manufacturing facility in Whitinsville, as well as the management team and employees under the leadership of cur-rent president Chip Rogers. Cardinal and Woon-Tech will each continue to serve their respective customer bases with the same quality and delivery standards, according to the company.

“Woon-Tech has a talented team with extraordinary specialty glass fabricating capabilities that clearly complement Cardinal’s own facilities and skillsets,” says Chris FitzGerald, CEO of HMI Cardinal. “Together, Cardinal and Woon-Tech are positioned to more effectively serve our combined national customer base with industry-leading glass fabrication and glass technology capabilities. In addition, both companies will be even better equipped to support their traditions of high-quality products, short lead times and excellent customer service.”

Sedak Buys Stake in Sunglass

German glass fabricator Sedak has purchased a stake in Italian company Sunglass Industry s.r.l. Sunglass fabricates curved architectural glass using a hot bending technique. Sedak uses cold bending to fabricate large-format glass up to approximately 138 by 787 inches (3.51 by 20 meters).

“These fields of expertise complement each other excellently. We have thereby rounded off our product portfolio perfectly, enabling us to extend our top position as a full-service supplier,” says sedak managing director Bernhard Veh.

According to sedak, Sunglass will have access to the preliminary production stages for oversize glass lites.

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