ATLANTA, October 1, 2021 / PRNewswire-PRWeb / – OmniMax International (âOmniMaxâ, or the âCompanyâ) has acquired Verde Industries, Inc. (âVerdeâ). Verde is a leading manufacturer of high quality plastic roof flashing and weather protection products, headquartered in Phoenix, Arizona. Verde will operate as a subsidiary of OmniMax and will be integrated into its consumer segment in a manner complementary to OmniMax’s residential building and roof drainage products. The combined companies will greatly benefit customers of both companies, providing a broader product portfolio, improved service in larger geographies, and increased investments across the new manufacturing footprint.
John C. Wayne, CEO of OmniMax: âWe are delighted to add Verde to the OmniMax brand portfolio and see it as an exceptional complement to Berger and Flamco. We believe Verde is the ideal platform for OmniMax to grow its residential roofing accessories business in the Southwest and Western United States.This acquisition will allow us to deepen our relationships with our key customers, providing a greater geographic reach and greater product depth. -year of foundation which developed under the direction of George goettl. “
George goettl, President of Verde: âWe are delighted to join the OmniMax family and continue to grow the great company we have built. With the support of SVPGlobal’s ownership group, this combination will provide the resources, capital and scale that will enable us to further strengthen our customer service, expand our product line, expand our geographic footprint, invest in our manufacturing capabilities and offer our employees opportunities to grow and flourish. I want to thank our loyal customers who believe in and trust Verde. Industries and thank the many employees who have contributed to the growth of our company over the years. I look forward to joining the OmniMax team and working with them to continue building Verde for generations to come.
Financial terms of the transaction were not disclosed.
About OmniMax International
OmniMax is a leading domestic manufacturer of residential building products and a leading supplier of products for outdoor living, recreational vehicles and other construction end markets with sales in 2020 of approximately $ 700 million. As the market leader in residential roof drainage, OmniMax has a broad scale, leading brands such as Amerimax, Berger, Flamco, and long-standing relationships with leading home improvement center retailers and distributors. building products of the country. The company’s high-growth outdoor living business is a manufacturer of shadehouses and outdoor structures through brands such as Equinox, Alumawood and Knotwood. OmniMax’s business segment provides custom metal roofing, wall panels and architectural products for large custom jobs under the Fabral and CopperCraft brands. The Company is also a leading supplier to the recreational vehicle industry, which benefits from strong trends in outdoor recreation and living. OmniMax International is owned by funds managed by SVPGlobal, a global investment firm with more than $ 18 billion in assets under management, established by Victor Khosla in 2001. Learn more at http://www.omnimax.com
Verde Industries, Inc. (“Verde”) is a leading manufacturer of high quality residential building products, supplying a full line of metal flashings, plastic weather protection products and other roofing accessories and components. residential. With a manufacturing site at Phoenix, Arizona, Verde serves a national clientele with a strong geographic presence in the West and South West.
Kirk stinson, OmniMax International, LLC, 1 317-315-3632, [emailÂ protected]
SOURCE OmniMax International, LLC