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Deal announced Mar 2007 · Northern California, Pacific Northwest, Rocky Mountain markets Verified

Gibraltar Industries to Acquire NorWesCo, Noll Manufacturing, and M&N Plastics

Gibraltar Industries signed a definitive agreement to purchase the assets of NorWesCo, Noll Manufacturing, and M&N Plastics from The Employee Ownership Holding Company. The acquisition is intended to enhance Gibraltar's building products presence in Northern California, the Pacific Northwest, and Rocky Mountain markets. The deal is subject to regulatory approval and expected to close within 30 days.

“Gibraltar Industries, Inc. (NASDAQ: ROCK) today announced that it has signed a definitive agreement to purchase the assets of NorWesCo, Noll Manufacturing, and M&N Plastics from The Employee Ownership Holding Company, which is wholly owned by the Employee Ownership Holding Company Employee Stock Ownership Plan and Trust.”

Entities

Gibraltar Industries, Inc. · Acquirer M&N Plastics · Target Noll Manufacturing · Target NorWesCo · Target The Employee Ownership Holding Company · Parent
HVACOther Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.