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Manufacturer adds business line with $92M deal

from Business Observer

Impact-resistant window and door manufacturer PGT Innovations, one of the largest employers in the Florida region, is getting into a new line of business with its latest acquisition: the direct-to-consumer model. In a deal announced Dec. 10, PGT signed a definitive agreement to acquire Tampa-based NewSouth Window Solutions. PGT will pay $92 million in cash, subject to adjustments, for NewSouth, according to a statement. more

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