MITER Brands announced the divestiture of its subsidiary ECO Window Systems to its original founders.
The divestiture reflects the commitment of MITER Brands to streamline its business operations and “concentrate resources on its core distribution channels and product brands,” according to the company. MITER Brands said the move will enable the company to enhance its market position, drive innovation, and continue to build its brand.
“Our top priority since acquiring PGT Innovations has been to create consistent and best-in-class customer experiences across the nation,” Ali Zahreih, senior vice president of strategy and M&A with MITER Brands, said. “This transaction allows MITER Brands to focus on our core distribution channels and go-to-market strategy while ensuring that ECO Window Systems operates under experienced ownership.”
