The partnership will create stronger, more competitive entity with greater value for customers and growth opportunities.
Trulite Glass & Aluminum Solutions LLC. has announced the successful acquisition and merger of American Insulated Glass (AIG), one of the leading players in the glass fabrication industry. The acquisition is seen as a strategic move by Trulite to expand its market reach and capabilities. Both companies view the merger as a significant opportunity for growth and collaboration. The financial terms of the transaction have not been disclosed.
With the addition of AIG, Trulite will have a broader footprint and expanded capacity better to serve the growing Midwest and East Coast markets. AIG’s product offerings will complement Trulite’s existing portfolio, providing a greater range of residential applications. Trulite plans to continue AIG’s legacy of providing great customer service.
Kevin Yates, President, and CEO of Trulite, expressed his excitement, stating that the acquisition marks an exciting chapter for Trulite. He added that the company is eager to leverage the strengths of both Trulite and AIG to enhance their offerings and provide even greater value to customers. Clint Blair, President of AIG, also expressed enthusiasm for the merger, stating that joining forces with Trulite presents tremendous opportunities for AIG and its team members.
Trulite and AIG will focus on strategic growth initiatives and identifying opportunities to enhance efficiency and market competitiveness, particularly in back-office processes while enhancing the product offering and customer experience. The companies remain committed to prioritizing customer satisfaction throughout the transition process and going forward.
The combined company now has forty-two facilities across North America, and at this stage, the company has no plans that will adversely impact any of the existing footprint. Todd Golditch, Co-Founder and Managing Partner of Truelink Capital, the private equity firm supporting Trulite, expressed his delight with the combination of Trulite and AIG. He added that the company is now one of the largest and best-positioned players in the glass and aluminum fabrication market for low to mid-rise buildings.
The companies will optimize the integration process of the two market leaders and evaluate additional strategic acquisitions that fit Trulite’s platform well to continue to bolster the business.
Source: aiglass with additional information added by GlassBalkan
