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Gettysburg power plant being sold to Platinum - Central Penn Business Journal

Gettysburg power plant being sold to Platinum - Central Penn Business Journal
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Platinum Equity Makes Purchase - Los Angeles Business Journal

Platinum Equity Makes Purchase - Los Angeles Business Journal

JELD-WEN Announces Sale of Australasia Business to Platinum Equity for AU$688 Million

CHARLOTTE, N.C., April 18, 2023 /PRNewswire/ JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, today announced that it has completed its comprehensive review of strategic alternatives for its Australasia business and 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 million1) before tax and subject to certain adjustments. JELD-WEN anticipates minimal tax leakage associated with the transaction. "Today's announcement marks continued execution against our strategy to streamline and simplify our business and maximize shareholder value," said William J. Christensen, JELD-WEN chief executive officer. "I want to personally thank our Australasia team for their hard work and dedication to serving customers. We look forward to working with Platinum on executing a seamless transition for the business." Platinum E

Jeld-Wen sells Australasia window and door business for AU$688 Million

Jeld-Wen sells Australasia window and door business for AU$688 Million
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