Wincore Window Co. LLC has two manufacturing facilities in
Georgia.
California-based Fernweh Group LLC has acquired Wincore Window
Company, LLC, a manufacturer of vinyl windows and doors.
Wincore, headquartered in Parkersburg, W.V., has developed a
strong reputation since its founding in 2007. Over its 17-year
history, Wincore has grown from a startup into a major player in
the window and door industry.
Nick Santhanam, CEO of Fernweh Group, stated, ¡°This acquisition
aligns with our strategic focus on the building products sector
at a time when the housing and construction market is poised for
revival. With 12-month CPI falling below 3 percent and the
Federal Reserve implementing two rate cuts in 2024, we see
significant pent-up demand for housing and home renovations in
the U.S., making this an ideal moment for investment in the
building products space.¡±
Brian Standley, president of Wincore, expressed enthusiasm about
the partnership: ¡°This transaction honors the vision of our
founders and provides us with an opportunity to enhance our
offerings and service to customers. We look forward to
collaborating with Fernweh to build on our strong foundation and
drive growth in the coming years.¡±
According to Fernweh, the transition will be "seamless" for
Wincore¡¯s customers, vendors and employees, as "all senior
management will remain in place." Fernweh says its operational
partners will support Wincore in maximizing its brand and
product offerings while ensuring continuity.
Source:
fernweh.com