May 5, 2016 – Tyman Plc has entered into an agreement to acquire the Giesse Group, which is composed of GSG International S.p.A and Giesse North American (GSNA). GSNA, a leading supplier of hardware systems for the aluminum Euro Groove window market, will be unified with AmesburyTruth. The acquisition enables AmesburyTruth, a premier manufacturer of window and door components for residential and commercial applications, to broaden its commercial product portfolio and further penetrate the commercial market segment.
GSNA includes a distribution and technical support center in Blountville, Tennessee where products are shipped daily to commercial window and door manufacturers across the U.S. and Canada. GSNA sources its products from GSG International S.p.A. which will be united with Schlegel, a subsidiary of Tyman Plc. The acquisition will allow for a seamless transition enabling the manufacturing and distribution relationship to continue between GSNA and GSG international.
“We look forward to the opportunity to expand our commercial presence in North America,” said AmesburyTruth President Jeff Graby. “Giesse is a good fit for our business as their objectives align well with the AmesburyTruth mission. Innovation is at the heart of what we do.”
The AmesburyTruth sales team will contact customers to ensure their needs are being met, but also to introduce them to a broad product portfolio inclusive of more hardware, weather-strip, and extruded solutions. “The team is eager to broaden our product portfolio by offering Euro Groove hardware to existing commercial customers,” said Mike McCann, Sr. Vice President of Sales and Marketing for AmesburyTruth. “This is also a great opportunity to provide new solutions for former Giesse customers.”
For more information
www.amesburytruth.com
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