Quanex acquisition of HL Plastics comes at propitious time in UK housing market


Quanex Building Products Corp. (Houston, TX), a global manufacturer of engineered materials and components for building products sold to OEMs, announced on June 16 that it has acquired HL Plastics Ltd. (Denby, UK), the fast-growing vinyl profile extruder, in an all-cash transaction valued at approximately $145 million.

Quanex designs and manufactures energy-efficient window and door products. HL Plastics designs and manufactures PVCu extrusions at its state-of-the-art facility in Denby, and has seen substantial growth, in no small part because of its Liniar range of lead-free PVCu windows, doors and conservatories launched in 2008, said a release from Quanex.

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