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Quanex Corp to purchase TruSeal

Quanex Corporation has announced the signing of a definitive purchase agreement with Kirtland Capital Partners for the stock of TruSeal Technologies, Inc., in a cash transaction. The deal is subject t…

Quanex Corporation has announced the signing of a definitive purchase agreement with Kirtland Capital Partners for the stock of TruSeal Technologies, Inc., in a cash transaction. The deal is subject to US government approval. The company expects to close the deal about 2 January 2004. Terms were not disclosed. TruSeal manufactures and markets a complete range of patented, flexible insulating glass spacer systems and sealants for wood, vinyl and aluminum windows.

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