Andersen Corporation Completes Divestiture of Silver Line Division

BAYPORT, Minn., Oct. 15, 2018 /PRNewswire/ -- Andersen Corporation, America's premier window and door manufacturer, has completed the previously announced sale of its hollow core vinyl window and patio door business, including the Silver Line and American Craftsman brands, to Ply Gem, a leading North American manufacturer of exterior building products. The transaction closed on Oct. 14, 2018.

As announced on Aug. 28, 2018, this divestiture is part of Andersen's broader strategy to sharpen its focus on its Andersen®, Renewal by Andersen® and specialty brands; continue to make significant investments in its fast-growing, proprietary, Fibrex® engineered composite products; and deliver exceptional value to customers.

About Andersen Corporation
Headquartered in Bayport, Minnesota, Andersen Corporation and its subsidiaries manufacture and market window and door products under the Andersen®, Renewal by Andersen®, EMCO®, Weiland®, MQtm and Heritagetm brands. Andersen, a privately held company, was founded in 1903 and employs more than 8,000 people with manufacturing sites in North America and Europe. Andersen has earned the U.S. Environmental Protection Agency's 2018 ENERGY STAR® Partner of the Year ? Sustained Excellence Award. Visit us at andersencorporation.com.

Follow us on Facebook @AndersenCo, Twitter @AndersenCorp, and Instagram @andersen_corporation.

"Andersen" and all other marks are trademarks of Andersen Corporation.

SOURCE Andersen Corporation