ELK GROVE VILLAGE, IL -- Rollex Corporation announced today that it has entered into a definitive agreement to purchase ALSCO. Headquartered in Ashville, Ohio, ALSCO is one of North America's largest suppliers of aluminum building products. The transaction is expected to close in the second quarter of 2015. Upon completion of the transaction ALSCO will continue to operate under the ALSCO brand name as a wholly owned subsidiary of Rollex Corporation.
"Today's announcement marks a significant strategic step for Rollex" said Mike Shield, Vice President and General Manager of Rollex Corp. "We are excited about this acquisition. Combining the specialized talents and capabilities of these organizations gives us a great platform to grow our business into the future. We look forward to partnering with the ALSCO team and are committed to delivering the best products and service proposition in the industry."
Founded in 1951, Rollex is one of the oldest and most trusted manufacturers of metal products for residential and commercial construction. Rollex manufactures aluminum soffit, fascia, and accessories; steel and aluminum siding; aluminum rainware systems; and aluminum and steel roofing products. The American-owned company introduced the world's first modular, pre-finished soffit system in 1959. Rollex is headquartered in Elk Grove Village, Ill., a Chicago suburb, where it fabricates and warehouses its products in its own facilities.
For product sales and information, visit: www.rollex.com.