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Andersen Corp., Bayport, Mn., has agreed to sell its hollow core vinyl window and patio door business, which includes its Silver Line and American Craftsman brands, to Ply Gem, Cary, N.C.
Ply Gem will purchase the four Silver Line manufacturing plants, associated distribution, and support services for $190 million. The deal is expected to close early in the fourth quarter.
The divestiture is part of Andersen’s broader strategy to refocus on its Andersen, Renewal by Andersen, and specialty brands, including its Fibrex engineered composite products.