Pella Corp. Acquires EFCO Corp.

EFCO Corp. in Monett, Mo., has been purchased and will become a subsidiary of Pella, Iowa-based Pella Corp. The business will now be known as EFCO, a Pella Company. Following the sale on August 28, EFCO will continue to produce EFCO-brand building products in Monett, Mo. Since the companies are privately-held corporations, terms of the sale have not been disclosed.

As the business transitions to new ownership, EFCO-brand windows, curtainwall, storefronts and entry systems designed for commercial construction needs will continue to be sold through independent representatives across the United States.

"The addition of EFCO people, processes and products to the Pella system, along with the support of their independent representatives, will provide even more innovative options for commercial customers seeking quality solutions to meet their fenestration needs," said Mel Haught, Pella president and chief executive officer, in a Pella press release. "We thank EFCO CEO Chris Fuldner and his family and the other EFCO stockholders for the opportunity to purchase the business, which will continue to operate as a privately-held company dedicated to quality, innovation and customer satisfaction."

Chris Fuldner, EFCO chief executive officer, says the acquisition by Pella should allow the business to continue to meet the future needs of the commercial building industry.

"When I joined the business 33 years ago, we employed about 60 people," Fuldner said in the release. "Today we're proud to provide careers for the 1,600 people who work for EFCO and we're very proud the company is joining Pella, an industry leader and innovator which shares the same values, Midwestern roots and strong work ethic focused on serving customers."

The potential sale has been rumored for several months now.

CLICK HERE to read the related USGNN.com story, "Is EFCO Contemplating Future Sale or Isn't It?"

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