Kolbe & Kolbe Millwork Acquires Point Five Windows

CHICAGO, IL -- Wausau, Wisconsin-based Kolbe & Kolbe Millwork Co., Inc. has purchased the stock of Point Five Windows, Inc., a manufacturer of custom wood windows and doors for use in the palatial estate market. The company, based in Fort Collins, Colorado, will operate as a wholly-owned subsidiary of Kolbe.

Michael Salsieder, President of Kolbe stated, "The acquisition of Point Five is a continuation of our strategy to advance our nationwide leadership position in the high-end window and door market. Kolbe continues to evolve as an organization that provides significant value to those customers who desire highly-customized windows and doors."

"We are delighted to be combining with Kolbe & Kolbe" stated Dave Lundahl, the President of Point Five Windows.  "Of the several thousand entities operating in the window and door market, I do not believe a better alliance could exist that focuses on fulfilling fenestration dreams with flexibility, quality, and attention to detail. Together, we will have a stronger market presence, broader product range and enhanced technological expertise."

Kolbe & Kolbe Millwork Co. was founded in 1946 by two brothers and has grown into an internationally respected manufacturing company.

Jordan, Knauff & Company ("JKC"), an investment bank in Chicago, Illinois, served as advisor to Point Five in the sale of its stock to Kolbe.