CVC to acquire Advent’s door and window frame producer Corialis
CVC Capital Partners today announced that it has entered into final exclusive negotiations with Advent International following a binding offer made to acquire Corialis (Core Innovative Aluminium Integrated Solutions).
Founded in 1984 and headquartered in Belgium, Corialis is a leading European supplier of aluminium profile systems for windows, doors, sliding elements, roof systems and conservatories. The group has global reach with significant operations in Belgium, France, the UK and Poland.
The terms of this transaction, which require workers’ council information and consultation and is subject to the approval of relevant market authorities, are not disclosed.
Corialis (Core Innovative Aluminium Integrated Solutions) is a leading player in the DESIGN, extrusion and manufacturing of technologically-advanced aluminium profile systems for windows, doors, sliding elements, roof systems & conservatories, curtain walls and balustrades. We are active in the extrusion, insulation, coating and distribution of aluminium profile systems, serving thousands of local European fabricators and installers. We operate in both the residential and the commercial markets, while focusing on the residential renovation and the light commercial markets.
Source: CVC Press Release