---
schema_version: "secwatch.filing_event.v1"
accession: "0001674335-23-000076"
form_type: "8-K"
ticker: "JELD"
cik: "0001674335"
company_name: "JELD-WEN Holding, Inc."
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T00:46:32.998192+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# JELD-WEN sells Australasia business to Platinum Equity for A$688M (~US$461M)

## Summary
- Purchase price AUD $688 million (USD ~$461 million); minimal expected tax leakage.
- Transaction expected to close in Q3 2023, subject to regulatory approvals.
- Australasia business ~11% of global revenues; 5,000 employees, 41 manufacturing sites.
- Proceeds to be used primarily to pay down debt.
- Company plans to update FY guidance on May 9 Q1 earnings call; business reported as discontinued ops.

## SEC filing metadata
- accession: 0001674335-23-000076
- form_type: 8-K
- ticker: JELD
- cik: 0001674335
- company_name: JELD-WEN Holding, Inc.
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674335/000167433523000076/0001674335-23-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674335/000167433523000076/jeld-20230417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001674335-23-000076
- JSON: https://secwatch.observer/filing/0001674335-23-000076.json
- Plain text: https://secwatch.observer/filing/0001674335-23-000076.txt

## Key facts
- Material Agreements
  JELD-WEN Holding, Inc. entered into Share Sale Agreement with Aristotle Holding III Pty Limited valued at approximately AUD $688 million (approximately USD $461 million based on AUD/USD 0.67) (effective 2023-04-17).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Aristotle Holding III Pty Limited
  - Value: approximately AUD $688 million (approximately USD $461 million based on AUD/USD 0.67)
  - Effective: 2023-04-17
  source text: On April 17, 2023, JELD-WEN Holding, Inc., a Delaware corporation (the " Company "), announced that it has completed the comprehensive review of strategic alternatives for its Australasia business, and that JW International Holdings, Inc. (" JW International "), a wholly-owned subsidiary of the Company, entered into a Share Sale Agreement (the " Sale Agreement ") with Aristotle Holding III Pty Limited (the " Buyer "), a subsidiary of Platinum Equity Advisors, LLC, pursuant to which JW International agreed to sell all of the outstanding capital stock of JELD-WEN Australia Pty. Ltd., a wholly-owned subsidiary of JW International that holds, directly or indirectly through a subsidiary, all of the assets and operations of the Company’s Australasia business (" JW Australia "), for a purchase price of approximately AUD $688 million (or approximately USD $461 million based on the AUD/USD foreign exchange rate of 0.67 as of April 17, 2023) (the " Transaction ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674335/000167433523000076/0001674335-23-000076-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.