JELD-WEN Holding, Inc. announced the completion of its previously disclosed sale of the Towanda, Pennsylvania business to Woodgrain Inc. The transaction closed on January 17, 2025.
The purchase price for the Towanda facility was $115 million, subject to customary closing adjustments. This sale was executed in compliance with a court-ordered divestiture process.
The completion of this divestiture marks a significant step for JELD-WEN in addressing its legal obligations and reshaping its operational footprint, as previously outlined in the purchase agreement.
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