Atlas Carves Out Masco's Framing Business
January 8, 2013
Atlas Holdings has acquired Masco Framing, a manufacturing subsidiary of western construction company Masco (NYSE: MAS). The carved out company will operate as a stand-alone provider of framing services, operating two prebuilt frame-panel and truss manufacturing yards and one door and trim manufacturing facility out of Chandler, AZ. As a subsidiary, it operated in the residential and light commercial markets in Arizona, Nevada and northern California. Angle Advisors acted as exclusive investment banking advisor to Masco and the acquired business in the transaction.
Construction and Engineering