Platinum Equity Acquires JELD-WEN Australasia (Ventora Group) for $461M

July 2, 2023

Platinum Equity completed the $461 million acquisition of JELD-WEN's Australasia windows, doors and related building products business in July 2023. The carve-out (rebranded Ventora Group) operates ~41 manufacturing sites across Australia, Malaysia and Indonesia, employs roughly 5,000 people, and will be run by Scott Kelly as CEO while Platinum invests in capacity, automation and IT improvements to capitalize on rising energy-efficiency demand.

Buyers
Platinum Equity
Targets
JELD-WEN Australasia (Ventora Group)
Sellers
JELD-WEN Holding, Inc.
Location
New South Wales, Australia
Transaction Type
Divestiture

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.