Post Time:Jan 06,2023Classify:Industry NewsView:1192
Guardian Glass has acquired Vortex Glass in a move to expand its hurricane and insulated glass capabilities and increase Vortex’s plant capacity and service offerings.
Guardian announced that the transaction for Vortex, a Miami-based fabrication business, is expected to close on Jan. 23, 2023.
“This transaction represents an important opportunity for Guardian Glass to add value to our residential customers in the Southeast,” says Guardian’s executive vice president Rick Zoulek. “We remain committed to our existing customers and partners, and we’ve identified Vortex as a company with the right team, capabilities and motivation to fit Guardian’s fabrication business model. We look forward to the successes to come.”
Vortex fabricates laminated and insulated glass that meets Florida Building Code requirements for hurricanes. It also supplies customers of Florida and the Caribbean Islands with complete tempered glass packages for residential and commercial construction, including office partitions, shower doors and glass railings.
By acquiring Vortex, Guardian explains that it has better positioned itself to assist customers in meeting ever-changing building safety and conservation codes.
“We are very pleased to see in Guardian Glass a buyer that has strategic synergies with our existing business, the right values and the ability to help Vortex continue to provide great service to our existing customers while identifying and adding the capability for us to add new business,” says Vortex president Humberto Juliao. “It’s a chance for the business and our team members to grow.”
Source: usgnnAuthor: shangyi