Oldcastle BuildingEnvelope® Divests Antamex Subcontracting Business
DALLAS, TX, January 3, 2019 – Oldcastle BuildingEnvelope® (OBE), part of CRH’s Building Products Division, announced today that it has completed the divestment of Toronto-based Antamex International, its fenestration subcontracting business, to New York City-based private investment company O3 Industries.
“We are continuously evaluating our portfolio to align with our vision of being the leading supplier of glazing-focused interior and exterior products and services,” said Nathan Creech, President of Oldcastle BuildingEnvelope. “This decision is another step in executing our strategy as we focus on our core business; manufacturing, fabricating and distributing high quality architectural glass, metal, engineered systems, and glazing hardware and supplies.”
Antamex installs high-performance customized façade solutions and provides engineering design services for commercial, institutional, high-end residential and mixed-use projects across North America.
“Antamex has a great reputation in the façade solutions industry. The opportunity to leverage this history with the experienced team in place is very exciting,” said Daniel Ozen, President of O3 Industries. “Antamex is a perfect fit for our strategy of acquiring best in class businesses with top tier management. Between our entrepreneurial ownership style and Antamex’s world class team, we are looking forward to driving the business forward and partnering with customers for further future success.”
“We are confident that O3 Industries is the right home for the Antamex business, its employees and customers,” added Creech.
About Oldcastle BuildingEnvelope®
Oldcastle BuildingEnvelope®, a CRH company, is the leading North American supplier of value-added, glazing-focused products and services specified to close in a structure; provide access, security and safety to the structure; and finish out the interior. This includes fabricated glass, architectural hardware and architectural metal systems. CRHis a leading global diversified building materials group, employing c.85,000 people at c.3,600 operating locations in 32 countries worldwide.