The Service of the Commission for the Protection of Competition has received a notification of a concentration, concerning the acquisition of the share capital of Oldcastle Building Envelope, Inc., by KPS Capital Partners, LP, via Oscar Topco, LLC.
Oscar Topco, LLC is a newly incorporated company registered under the law of Delaware of the United States of America. The company does not have any commercial activity, and was created for the purposes of the proposed transaction. It is controlled by KPS Special Situations Fund V, which are investment funds managed by KPS Capital Partners, LP.
KPS Capital Partners, LP (KPS) is a company registered under the law of Delaware of the United States of America. KPS Capital Partners, LP, through its affiliated management entities, is the manager of KPS Special Situations Funds, a group of investment funds. It is a limited liability company controlled by its general partner, KPS Capital Partners, LLC. These funds are active in equity investments controlled by construction and industrial companies in a wide range of industries, including basic materials, branded consumer products, health and luxury products, auto parts, capital equipment and general construction.
Oldcastle BuildingEnvelope, Inc. (ΟΒΕ) is a company registered under the law of Delaware of the United States of America. It is a vertically integrated manufacturer and distributor of glass products and hardware solutions. It manufactures and distributes highly customized and critical for the project branded material for showers, railings, doors, windows and other products that focus on the glass. In addition, it is a certified manufacturer of value-added custom glass products, including tempered, insulating, laminated and other interior glass. Furthermore, it provides solutions of high-performance aluminum systems, such as shop windows, wall windows and wall curtains.