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Onex Corp. has announced the completion of its investment in window and door manufacturer Jeld-Wen Holding and looks forward to the eventual recovery in housing markets around the world.
A Canadian investment group agreed to pay $675 million for a 39% stake in Jeld-Wen, the window and door manufacturer.
Onex Corp. announced the plan yesterday, anticipating Jeld-Wen was positioned well for a global recovery in housing.