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Stock impact report

Janus International Announces Closing of Acquisition of Building Components Manufacturer DBCI

Janus International Group, Inc. (JBI) 
Company Research Source: Business Wire
TEMPLE, Ga.--(BUSINESS WIRE)--Janus International Group, Inc. (NYSE: JBI) (“Janus”), a global manufacturer and supplier of turn-key building solutions and new access control technologies for the self-storage and other commercial and industrial sectors, today announced it has closed the previously announced acquisition of DBCI, a manufacturer of steel roll-up doors and building products for both the commercial and self-storage industries and a part of Cornerstone Building Brands (NYSE: CNR) (“Cornerstone”).Through this acquisition, Janus expects that it and DBCI -- which will continue to operate under its own name as a subsidiary of Janus -- will both benefit from a strengthened product offering and an ability to serve its customers in an even greater capacity. Through direct access to DBCI’s core general contractor and distributor base Janus will grow its customer set and work to accelerate the growth of its Noke® Smart Entry wireless management technology. In turn, DBCI’s custome Show less Read more
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