Gardere Represents Quanex in Multimillion-Dollar Acquisition

31 August 2015 News

Houston Business Journal covered Quanex Building Products Corp.’s $248.5 million agreement to acquire St. Cloud, Minnesota-based Woodcraft Industries, a supplier of doors and components in the in the kitchen and bathroom cabinet industry. The all-cash transaction is expected to close in the fourth calendar quarter of 2015.  Houston-based Quanex is a leading supplier of window and door components.

"Quanex's growth strategy is based, in part, on highly complementary acquisitions that contribute proven technologies, products and enhanced scale," said Quanex Chairman, President and CEO Bill Griffiths. "Woodcraft is an ideal strategic and financial fit in this regard. It is, first and foremost, a well-run company that adds $3 billion to our addressable market. … We expect the acquisition will deliver clear financial benefits to Quanex shareholders as we continue to prudently build the company for sustained profitability."

Quanex was represented by Gardere Attorneys Eric A. Blumrosen, Greg Meeks, Barry D. Drees and Matt Crockett.

The full article can be accessed here. Quanex’s press release announcing the acquisition can be found here.

Insights

CMS Proposes Enhanced Scrutiny over Medicaid Supplemental Payments
20 November 2019
Health Care Law Today
The Purpose of a Corporation
November 2019
Legal News: Business Law
Should This Be a "Mobility" Industry Blog?
19 November 2019
Dashboard Insights
Data Processing Patent Eligibility: Federal Circuit Finds Claims Eligible in KPN v. Gemalto
19 November 2019
IP Litigation Current
PATH Summit 2019
18-20 December 2019
Arlington, VA
Madison CLE Days
18-19 December 2019
Madison, WI
MedTech Impact Expo & Conference
13-15 December 2019
Las Vegas, NV
HFMA MA-RI Annual Compliance Update
12 December 2019
Boston, MA