"From the very beginning of this process, it was very clear to Ron and I that our values and visions were in alignment," said Jay Manzo, President and CEO of H&G and President of APTURA. "We are very eager and excited to build the next chapter of our businesses together as one company."
Founded in 1951, CIH is a leading distributor of Division 8 commercial door systems, Division 10 accessories and operable partitions, and Division 28 access systems integration headquartered in Indianapolis, IN. In early 2020, CIH acquired Security Door & Hardware Co. in Urbana and Springfield, IL and Security Builders Supply Co. in Oswego and Rockford, IL, distributors of Division 8 and 10 products. This acquisition expanded the CIH Team to over 200 staff members. CIH created its ESOP in 1986 and became 100% employee-owned in early 2020.
Headquartered in Maryland Heights, MO, H&G was established in 1967 as a value-add distributor of Division 8 commercial doors and hardware products to contractors and end-users in the Missouri, southern Illinois and Kansas market areas. In 2004, H&G acquired 78-year-old Schultz Door, adding Automatic entrances, Aluminum Storefronts, Access Control, and Total Opening service to its breadth of offerings. H&G created its ESOP in 1988, became 100% employee-owned in 2015, and currently has 70 employees.
You can watch the official announcement video here.
Mr. Ron Couch [email protected] - 317-643-2788; Mr. Jay Manzo [email protected] –317-643-2788
SOURCE APTURA GROUP
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