Anthony International adding on
Anthony International, a portfolio company of Los Angeles-based investment firm Aurora Capital Group, today announced that it has signed a definitive agreement to acquire VAL S.p.A., a European manufacturer of curved tempered glass and refrigerator doors. Terms of the transaction were not disclosed.
AI is a leader in the U.S. commercial refrigeration industry and the world’s largest manufacturer of specialty glass, commercial glass refrigerator and freezer doors, case lighting, and display and merchandising systems. AI’s premier market position is attributable to its innovative product development, superior technologies, portfolio of strong brand names (Anthony, Ardco, DisplayRite, Pike, SOVIS, N.A., and Flying Glass), efficient mass-customized manufacturing process and deep-rooted customer relationships and service, according to a July 21 PE HUB report.