Andersen Windows Sells Silver Line and American Craftsman brands

American Craftsman Silver Line Andersen Ply Gem

This is a deal that happened a little while back and at the request of some commenters who may be Renewal by Andersen salespeople we’ve posted it here.

We used to find it funny that the Renewal by Andersen salespeople would pick on vinyl windows while their company was producing thousands of them, but now they’ve sold these vinyl brands.

Maybe they took our advice that producing cheap vinyl windows didn’t help their sales pitch for more expensive options. Either way, here is the press release they issued back on August 28th.

Now that the American Craftsman and Silver Line window brands are owed by Ply-Gem windows we’ll see if there are any updates to the product lines. Ply Gem has a lot of experience producing vinyl windows so perhaps we’ll see some much needed upgrades.

BAYPORT, Minn., Aug. 28, 2018 /PRNewswire/ — Andersen Corporation, America’s premier window and door manufacturer, today announced that it has signed a definitive agreement to sell its hollow core vinyl window and patio door business, including the Silver Line and American Craftsman brands, to Ply Gem, a leading manufacturer of building products used in both new construction and home repair and remodeling across the United States and Canada. 

Andersen has been leading the window and door industry for more than 115 years by creating different and better products and services and building brands people value and trust. In recent years, the company has achieved unprecedented growth, driven by its Andersen®, Renewal by Andersen® and specialty brands. 

“This divestiture is part of Andersen’s broader strategy to sharpen our focus on our Andersen, Renewal by Andersen and specialty brands, continue to make the significant investments required to support our fast-growing, proprietary, Fibrex® engineered composite products, and deliver exceptional value to our customers for years to come,” said Andersen Corporation Chairman and CEO Jay Lund. “In addition, we believe the Silver Line and American Craftsman brands and the talented employees who have built these brands will have continued growth opportunities under Ply Gem’s stewardship.”

Ply Gem will acquire the four Silver Line manufacturing plants, associated distribution and support services for $190 million, which represents a 10X multiple of Silver Line’s trailing 12-month EBITDA through the second quarter of 2018. The more than 4,000 employees working in these locations and functions will transition to Ply Gem with the business.

“The Silver Line and American Craftsman brands are industry leading brands and have been trusted by customers and consumers for over 60 years and Ply Gem is excited to add them to our existing portfolio of quality window products,” said Gary E. Robinette, Ply Gem’s Chairman and CEO.

The transaction is expected to close by early in the fourth calendar quarter of 2018, subject to regulatory review and approval. 

About Andersen Corporation
Headquartered in Bayport, Minnesota, Andersen Corporation and its subsidiaries manufacture and market window and door products under the Andersen®, Renewal by Andersen®, Silver Line®, American Craftsman®, EMCO®, Weiland®, MQ™ and Heritage™ brands. Andersen, a privately held company, was founded in 1903 and employs more than 12,000 people with manufacturing sites in North America and Europe. Andersen has earned the U.S. Environmental Protection Agency’s 2018 ENERGY STAR® Partner of the Year – Sustained Excellence Award. Visit us at andersencorporation.com.

Follow us on Facebook @AndersenCo, Twitter @AndersenCorp, and Instagram @andersen_corporation.

“Andersen” and all other marks are trademarks of Andersen Corporation.

SOURCE Andersen Corporation

Related Links

http://www.andersenwindows.com
Update: We now have more recommend LOCAL window companies than ever before.   Click here to see who we recommend in your town.  It's 100% free.  You'll thank me.  There is no better resource; you're going to love it.  See for yourself right here.  

3 thoughts on “Andersen Windows Sells Silver Line and American Craftsman brands”

  1. Too bad they didn’t sell off the Renewal brand. Andersen bought “Renewal” several years ago and tacked on the “Andersen” brand.

    My experience with Renewal by Andersen (which they franchise out to local franchisees) is they use slimy sales tactics, subcontract out the installations and of the 15 min does I bought, 6 or them leaked air due to poor design flaws.l and needed to be replaced. Dealing with Andersen corporate for warranty was angering and frustrating.
    The windows have probably had a redesign since the. But I’d never touch an Andersen product again.

    Thankfully the service manager of the local franchise had more integrity than Andersen corporate.

    1. Hi Lisa, we have sold Alside windows from time to time, but we don’t sell too many of them. I do think there are nicer choices out there. There isn’t one product that is right for everyone. We work with house flippers and landlords and we’ve installed windows in Embassies in DC and historic properties all over the place. We try to make a suggestion that will work for the specific situation.

      We’d be happy to help you with your project if you’d like.

Leave a Reply

Your email address will not be published. Required fields are marked *

best replacement windows of 2015