Mergers Acquisitions  
Koch Completes its Acquisition  
of Guardian Industries Corporation  
fter receiving all regulatory ap- proudly serving a global customer base gether has scratched the surface.”  
provals of the transaction,Koch in multiple industries,” Guardian pres-  
Industries Inc. has completed ident and CEO Ron Vaupel said in a locations in more than 25 countries  
its purchase of Guardian Industries statement.“The combination of Guard- and bring Koch’s employment total to  
Corp. Koch initially acquired a 44.5 ian’s expertise and Koch’s existing ca- more than 120,000 worldwide.  
percent minority interest in Guardian pabilities and infrastructure provides a  
Guardian companies have nearly 150  
in 2012 and purchased the remaining tremendous opportunity for all of us to Bonnell’s Parent Company  
shares last November.Terms of the deal create more value for our customers and Purchases Futura  
Tredegar Corp., parent company of  
were not disclosed.  
Guardian began in 1932 as a small  
the communities in which we operate.”  
Koch CEO Charles Koch added that Bonnell Aluminum, acquired 100-per-  
windshield company in Detroit and although the company has worked with cent ownership of Futura Industries,  
has since become an established leader, Guardian since 2012,“our progress to- based in Clearfield, Utah. The transac-  
tion closed in February,making Futura  
an operating division of Bonnell.  
Futura designs and manufactures  
extruded aluminum products and has  
McGrory Glass Acquires  
Imaging Sciences  
approximately 350 employees.  
Following our successful acquisi-  
tion of Aacoa in October 2012, we have  
been actively searching for another  
acquisition that meets our stated goals  
for broadening our served markets and  
value-added capabilities,” says Bonnell  
president Brook Hamilton. “In Futura,  
we have found a top-quality manufac-  
turer with a very strong management  
team that will help us move toward our  
strategic objectives in both growth and  
The recent acquisition of Imaging Sciences marks a step forward for  
McGrory in increasing its decorative glass offerings.  
Assa Abloy Acquires South  
Carolina Distributor  
Assa Abloy purchased Southeastern  
Dock & Door, an industrial and com-  
mercial door and docking solutions  
distributor in South Carolina.  
aulsboro, N.J.-based McGrory Glass has acquired Imaging Sciences LLC.  
Imaging Sciences has had a long relationship with McGrory, and all  
the people at our Willoughby, Ohio, facility are thrilled to become part  
of the McGrory team,” says Geoff Brown, president of Imaging Sciences. “Mc-  
Grory’s strong position in the industry and commitment to the decorative glass  
and interlayer business will help us expand awareness of our unique products  
and serve our core decorative interlayer customers even better.”  
“This is another important step to  
further increase our penetration both  
in equipment and service of entrance  
automation products in the North  
American commercial and industrial  
segments,”says Juan Vargues,executive  
vice president of Assa Abloy. “We are  
happy to welcome the new colleagues  
to our strong team.” n  
Tim Matthews, vice president of McGrory Glass, adds, “We are delighted  
that Imaging Sciences will now be part of the ever-growing McGrory company  
and will be helping us provide the best graphic and decorative film solutions  
to our customers ... we have no doubt that this acquisition will benefit both  
companies as well as the decorative glass industry as a whole.”  
USGlass, Metal & Glazing | March 2017  

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