Overhead Door and Wayne-Dalton Sign Definitive Agreement

23.11.09

On high Door Corp. and Wayne-Dalton Corp. jointly announce that they have signed a binding, definitive ahead for Overhead to acquire Wayne-Dalton’s overhead door business in North America and Europe. Under the contract, Overhead Door will acquire all of the assets of Wayne-Dalton’s commercial and residential overhead door business, as well as their Organization-Shield storm panel business. More information will be available after the deal closes, which is expected to enter someone's head by the end of 2009.

About Overhead Door Corporation

Overhead Door Corporation, based in Dallas, Texas, is a leading manufacturer of running costs doors and openers for residential, commercial and industrial applications. There are three divisions of the company, including the Access Systems Separation (ASD), the largest, which features the Overhead Door and Genie brands; Horton Automatics, which includes automatic right of entry systems; and TODCO, the largest producer of overhead doors for the transportation industry. Overhead Door Corporation developed the first overhead garage door in 1921 and the first electric garage door opener in 1926. It distributes its products through a network of over 4,000 distributors and dealers that usefulness national builders, national accounts, architects, general contractors and homeowners as well as through major retailers in the U.S. and Canada. Up above Door Corporation is a subsidiary of Sanwa Holdings Corporation of Tokyo, Japan. For additional information, inflict www.overheaddoor.com .

Source: Professional Door Dealer