Drew Industries Expands Internationally With Acquisition of Spectal Industries
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Drew Industries (DW) Acquires Spectal Industries in $22.3M Deal
April 27, 2015 8:49 AM EDTDrew Industries (NYSE: DW) announced that its wholly-owned subsidiary, Lippert Components, Inc. (LCI®), has acquired the business and certain assets of Spectal Industries, Inc. and its subsidiaries ("Spectal"). Spectal, headquartered in Granby, Quebec, is a manufacturer of windows and doors primarily for school busses, as well as commercial busses, emergency vehicles, trucks and RVs. In addition to its manufacturing facility in Canada, Spectal has manufacturing facilities in South Carolina and Tennessee. Sales of the acquired business for 2014 were approximately $25 million.
"We are delighted to have the Spectal business and its employees join the Lippert... More
