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Investcorp Acquires MW Manufacturers, Inc. From Fenway Partners for Approximately $188 Million.

Publication: PR Newswire
Publication Date: 23-JAN-03
Format: Online - approximately 818 words
Delivery: Immediate Online Access

Article Excerpt
NEW YORK and ROCKY MOUNT, Va. -- NEW YORK and ROCKY MOUNT, Va., Jan. 23 /PRNewswire/ -- Investcorp, the global investment group, today announced that it has purchased MW Manufacturers, Inc. ("MW") from Fenway Partners, Inc., a private equity investment firm, for approximately $188 million. MW is a leading manufacturer and distributor of windows and patio door products in the United States. The transaction included the equity participation of MW's management as well as certain international investors organized by Investcorp.

MW, which is headquartered in Rocky Mount, Virginia, maintains a leading market share position in the high-growth Southeast and Mid-Atlantic regions of the U.S. The company has built a loyal customer base by distinguishing itself with a broad, high-quality product offering,...

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