PGT Innovations (PGTI), a distinguished leader in the industry, announced the successful completion of its acquisition of Eco Enterprises, a reputable company based in Miami renowned for its production of high-quality aluminium windows and doors that offer exceptional impact resistance.With this strategic acquisition, PGT Innovations has become the sole owner of Eco Enterprises, having initially acquired a 75% ownership stake in the company in 2021.This acquisition marks a significant milestone for PGT Innovations as it expands the company's aluminium product lines and enhances its glass production capacity. Furthermore, it strengthens the company's supply chain and unlocks new avenues for growth in both the commercial and residential markets.By harnessing the expertise and reputation of Eco Enterprises in the industry, PGT Innovations is well-positioned to drive increased revenue and margins, ultimately benefiting its valued shareholders and stakeholders.Jeff Jackson, President and CEO of PGT Innovations, expressed his enthusiasm, stating, "Since acquiring ownership in Eco, we have been able to leverage this vertical integration to meet the glass requirements of our other brands. We are thrilled to finalize this acquisition as it will allow us to further serve high-growth markets in which we operate."The acquisition of Eco Enterprises expands PGT Innovations' capabilities in the construction industry, enabling the company to offer a wider range of high-quality, impact-resistant aluminium windows and doors to its customers.
PGT Innovations (PGTI), a distinguished leader in the industry, announced the successful completion of its acquisition of Eco Enterprises, a reputable company based in Miami renowned for its production of high-quality aluminium windows and doors that offer exceptional impact resistance.With this strategic acquisition, PGT Innovations has become the sole owner of Eco Enterprises, having initially acquired a 75% ownership stake in the company in 2021.This acquisition marks a significant milestone for PGT Innovations as it expands the company's aluminium product lines and enhances its glass production capacity. Furthermore, it strengthens the company's supply chain and unlocks new avenues for growth in both the commercial and residential markets.By harnessing the expertise and reputation of Eco Enterprises in the industry, PGT Innovations is well-positioned to drive increased revenue and margins, ultimately benefiting its valued shareholders and stakeholders.Jeff Jackson, President and CEO of PGT Innovations, expressed his enthusiasm, stating, "Since acquiring ownership in Eco, we have been able to leverage this vertical integration to meet the glass requirements of our other brands. We are thrilled to finalize this acquisition as it will allow us to further serve high-growth markets in which we operate."The acquisition of Eco Enterprises expands PGT Innovations' capabilities in the construction industry, enabling the company to offer a wider range of high-quality, impact-resistant aluminium windows and doors to its customers.