Pella Corp. Acquires Hardwood Windows, Doors Corporation

Nearly 70 more employees have joined Pella Corp. as the company has announced the acquisition of Duratherm Windows Corp., a manufacturer and designer of customizable hardwood windows and doors that enhance and enable the designs of builders and architects.
 
“It was a pleasant surprise to me when I received a call from Pella, especially since I wasn’t actively seeking to sell the business,” says Tim Downing, president at Duratherm. “This partnership creates exciting possibilities for Duratherm.  With Pella’s involvement, we will continue to be innovative within the architectural community and grow.”
 
Duratherm Window Corp. remains under the leadership of Tim Downing and maintains its brand and attention in the luxury marketplace. Over time, Duratherm will be integrated into the Pella Crafted Luxury collection. The Pella Crafted Luxury collection is showcased in the 7,000-square-foot showroom in LuxeHome at Chicago’s Merchandise Mart.
 
“We’ve acquired Duratherm for Duratherm. Our goal is to support their endeavors and help the team do more of what they already do well,” adds Tim Yaggi, president and CEO of Pella Corp. “Duratherm rounds out Pella’s collection of elite brands and expands our geographic footprint on both the east and west coasts.”
 
This is the third acquisition for Pella during the past two years which includes Grabill Windows & Doors, acquired in 2015, and Reilly Windows & Doors, attained in July 2016. Duratherm’s facility in Vassalboro, Maine, is about 11 miles north of the state capital, Augusta, and now increases Pella’s manufacturing locations to 13 throughout the United States.
 
The terms of the sale will not be disclosed as Pella and Duratherm are both privately-held companies.

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