Cornerstone Building Brands Acquires Prime Window Systems
Cornerstone Building Brands Inc. acquired Prime Window Systems. Headquartered in Denver, 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.
"The acquisition of Prime Window advances our strategy towards profitable growth and operational excellence," says James S. Metcalf, chairman and CEO. "We are joining forces with a well-recognized business and an established customer base that will strengthen our multi-channel offering. Additionally, this acquisition expands our leadership position in highly attractive residential markets, increases our manufacturing scale and creates new opportunities in the West, making it an ideal fit.”
Cornerstone Building Brands expects the transaction to be accretive through purchasing and manufacturing optimization synergies, margin expansion and revenue growth opportunities. Prime Window generated approximately $60 million in sales during 2020.