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OpenGate adds profiles

9:07 AM MDT | October 12, 2012

Private equity firm OpenGate Capital (Los Angeles) has signed an agreement with Tessenderlo’s Profialis unit, a major supplier of extruded polyvinyl chloride (PVC) window and door profiles to the building and construction industry in Europe. The transaction is expected to close within 60 days. Financial terms were not disclosed. Profialis employs more than 300 people in production facilities at Clerval, France; and Oeselgem, Belgium, and sales offices in Poland and...

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