JELD-WEN completes court-ordered sale of Towanda, PA facility to Woodgrain for $115M

JELD-WEN Holding, Inc.

Sale closed on January 17, 2025 for $115 million, subject to customary closing adjustments.
Divestiture was ordered by the U.S. District Court for the Eastern District of Virginia.
JW, Inc., a JELD-WEN subsidiary, sold the Towanda business and related assets to Woodgrain Inc.
Asset Purchase Agreement was dated October 11, 2024 and effective December 13, 2024.

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