Graham Partners Inc. is adding to its plastic residential building products portfolio, buying Mitten Inc., a Paris, Ontario-based extruder and distributor of vinyl siding and accessories, and other exterior products.
Terms were not disclosed.
Mitten ranked No. 40 on Plastics News' recent survey of North American pipe, profile and tubing extruders, with estimated sales of US$85 million. The company has one plant with eight extrusion lines.
In an Oct. 19 news release, Graham of Newtown Square said it sees opportunities for Mitten to expand its product offerings through its distribution network and expansion into new markets. Most of Mitten's sales are within Canada.
Mitten is Graham's sixth platform investment in 10 months.