{"id":85044,"date":"2023-04-20T07:18:45","date_gmt":"2023-04-20T07:18:45","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/jeld-wen-to-sell-its-australasia-business-for-us461-million\/"},"modified":"2025-09-19T08:59:55","modified_gmt":"2025-09-19T08:59:55","slug":"jeld-wen-to-sell-its-australasia-business-for-us461-million","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/jeld-wen-to-sell-its-australasia-business-for-us461-million\/","title":{"rendered":"Jeld-Wen to sell its Australasia business for US$461 million"},"content":{"rendered":"

\"\"<\/p>\n

<\/span>Jeld-Wen Holding, has entered into a definitive sale agreement with Platinum Equity to sell 100% of the business for approximately $688 million Australian dollars (or approximately US$461 million) before tax and subject to certain adjustments.<\/p>\n

Jeld-Wen's Australasia business represents approximately 11% of the company's global revenues and is the leading Australian designer, manufacturer and distributor of windows and doors. It employs roughly 5,000 people and comprises 41 manufacturing locations across Australia, Malaysia and Indonesia.<\/p>\n

The transaction is expected to close in the Q3 2023, subject to certain closing conditions and regulatory approvals. Jeld-Wen intends to use the majority of the proceeds from the transaction to pay down debt.<\/p>\n

Headquartered in Charlotte, N.C., Jeld-Wen is a leading global manufacturer of high-performance interior and exterior building products, offering one of the broadest selections of windows, interior and exterior doors, and wall systems.<\/p>","protected":false},"excerpt":{"rendered":"

Jeld-Wen Holding, has entered into a definitive sale agreement with Platinum Equity to sell 100% of the business for approximately $688 million Australian dollars (or approximately US$461 million) before tax and subject to certain adjustments. Jeld-Wen’s Australasia business represents approximately … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":85045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-85044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nJeld-Wen to sell its Australasia business for US$461 million - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/jeld-wen-to-sell-its-australasia-business-for-us461-million\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jeld-Wen to sell its Australasia business for US$461 million - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Jeld-Wen Holding, has entered into a definitive sale agreement with Platinum Equity to sell 100% of the business for approximately $688 million Australian dollars (or approximately US$461 million) before tax and subject to certain adjustments. 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