Platinum Equity, LLC completed the acquisition of JELD-WEN Australia Pty Limited from JELD-WEN Holding, Inc..
July 02, 2023
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Platinum Equity, LLC entered into a definitive sale and purchase agreement to acquire JELD-WEN Australia Pty Limited from JELD-WEN Holding, Inc. (NYSE:JELD) for approximately AUD 700 million on April 17, 2023. The transaction is expected to close in the third quarter of 2023 and subject to regulatory approvals. Macquarie Capital acted as financial advisor to JELD-WEN Holding. Jason Jordan and Julian Lincoln of Herbert Smith Freehills acted as legal advisor to JELD-WEN Holding, Inc. and JELD-WEN Australia Pty Limited. Gresham Advisory Partners acted as financial advisor and Allens acted legal advisor to Platinum Equity, LLC in the transaction. Edward J. Lee, Daniel D. Lewis, Kevin F. Jacobsen of Kirkland & Ellis acted as legal advisor to JELD-WEN Holding, Inc. Ernst & Young Australia acted as financial and tax due diligence provider to JELD-WEN Australia Pty Limited.
Platinum Equity, LLC completed the acquisition of JELD-WEN Australia Pty Limited from JELD-WEN Holding, Inc. (NYSE:JELD) on July 2, 2023.
JELD-WEN Holding, Inc. is a global designer, manufacturer and distributor of interior and exterior doors, windows, and related building products serving the new construction and repair and remodeling (R&R) sectors. In its North America segment, it operates primarily in the new construction and R&R market for residential doors and windows in the United States and Canada. It is the manufacturer that offers a full line of interior and exterior door and window products. In its Europe segment, it operates primarily in the market for residential and non-residential doors in Germany, the United Kingdom, France, Austria, Switzerland, and Scandinavia. It provides a broad portfolio of interior and exterior doors, windows, and related building products manufactured from a variety of wood, metal, and composite materials offered across a full spectrum of price points. The Companyâs family of brands includes JELD-WEN worldwide, LaCantina and VPI in North America, and Swedoor and DANA in Europe.
JELD-WEN HOLDING, INC. 
