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DBCI’s Parent Company, NCI Building Systems, Merges with Residential and Renovation Construction Leader, Ply Gem
DBCI’s parent company, NCI Building Systems (NCI) and Ply Gem Parent, LLC (Ply Gem) announced the signing of a definitive merger agreement Tuesday, July 17, 2018.
As a leading manufacturer of exterior building products—including the commercial and self-storage roll-up doors and hallway systems produced by DBCI—NCI is excited about incorporating Ply Gem’s commercial and residential new construction and repair & remodel solutions into the building solutions portfolio we can offer our customers.
Joint Synergies and Strength
The combined Company will leverage shared strengths and best-in-class manufacturing capabilities to become a one-stop solution for exterior building envelope needs. This market-leading combination provides an improved ability to deliver a more diverse product portfolio across multiple end-markets, enhanced product innovation and continuous improvement opportunities, as well as manufacturing, procurement and near-term cost synergies. As a result, DBCI customers will be able to attain a wider variety of high-quality building products and solutions from their trusted DBCI teams while continuing to benefit from our commitment to providing exceptional customer experiences every step of the way.
Customer and Business Impact
DBCI will continue to operate in the same way we do today during and after the merger transaction, and you can continue to work with your existing DBCI contacts as you have always done. Because both companies traditionally serve different end-markets, DBCI expects no changes to our operations as a result of the merger.
Thank you for your continued partnership. Our priority is to continue to provide the high-quality products and service you expect, and our team is excited about the opportunity this change has to improve upon those expectations and better support your businesses.
If you have any questions or concerns, please reach out to me or a member of our DBCI leadership team.
President – NCI Components Division
NCI Chairman James S. Metcalf will lead the integration of NCI (NYSE: NCS) and Ply Gem and serve as the Chairman and CEO of the combined Company following the NCI shareholder approval and closing of the merger transaction later this year. Donald Riley, current CEO of NCI, will serve as CEO of the Company’s NCI Division. Ply Gem’s current Chairman and CEO will serve as Chairman Emeritus and Special Advisor to the Company, while Shawn Poe, current CFO of Ply Gem, will serve as CFO of the Company.
If you would like more information on this announcement, please see the NCI press release. The taped telephone replay of the joint NCI and Ply Gem investor conference call is available by calling 1-201-612-7415 or 1-877-660-6853 (toll-free) and entering passcode 13681656# when prompted. The taped replay will be available through August 1, 2018. A replay of the webcast is available here through October 15, 2018.
NCI, headquartered in Houston, TX, is one of North America’s largest integrated manufacturers of metal products for the commercial building industry, selling products such as metal wall and roof systems, insulated metal panels, roll-up doors, trim, accessories and engineered commercial buildings. NCI has approximately 5,300 employees across 38 manufacturing locations throughout North America. For more information, visit www.ncibuildingsystems.com.
About Ply Gem
Ply Gem, headquartered in Cary, NC, manufactures and sells a variety of products focused on the exterior envelope of single and multi-family homes. Ply Gem’s key products include windows, doors, siding, roofing, metal accessories, stone and other adjacent products. Ply Gem employs approximately 11,600 people across 35 facilities in North America. CD&R acquired Ply Gem in April 2018 and concurrently merged it with Atrium Windows & Doors, a manufacturer of residential windows and doors. For more information, visit www.plygem.com.