VT Industries Acquires Eggers Industries

Press Release from VT Industries Inc.

HOLSTEIN, Iowa, Oct. 2, 2018 /PRNewswire/ -- VT Industries Inc. announced today it has acquired Eggers Industries, a national door and millwork manufacturer based in Wisconsin. The acquisition combines the two industry leaders in Architectural Wood Door businesses to offer greater appeal and value to the customers of both companies.

Eggers Industries, a national door and millwork manufacturer based in Wisconsin, was acquired by VT Industries Inc.

"I'm very excited about the combined strength of our companies, and how our enhanced resources position us to drive product innovation, market expansion, and profitable growth," states Doug Clausen, President and CEO of VT Industries.

Founded in 1884 in Two Rivers, Wisconsin, Eggers Industries began manufacturing farm baskets. Soon, the company expanded and became the premier manufacturer of veneer seating. Today, the Eggers brand is known and respected for its robust product portfolio of premium architectural door products, wood paneling, custom conference tabletops, and veneer-wrapped components.

The Eggers acquisition is a natural fit for VT Industries and customers alike as both companies share a commitment to quality and forward-thinking, as well as their people-focused cultures and core values. "Eggers' high-quality products, strong reputation in the market, and manufacturing capabilities fit well with our strategy to expand our product portfolio and deliver a great customer experience," explains Jason Farver, Chief Operating Officer of VT Industries.

Former Eggers Industries owner Jay Streu adds, "We're really thrilled to be joining forces with VT Industries. We have combined the two highest-quality and most innovative Architectural Wood Door businesses together as one powerful team and believe the acquisition is a positive move for our customers and the door industry as a whole."

Since 2007, VT Industries has completed three acquisitions with the distinct goals of securing long-term, sustainable growth as a company, assuring future growth of distribution partners within the door industry, and extending greater value to customers throughout North America.

About Eggers Industries
Eggers Industries is a privately held company having two state-of-the art manufacturing facilities located in Two Rivers and Neenah, Wisconsin. Eggers Industries manufactures architectural flush doors, stile and rail doors, door frames, veneered plywood panels, ceiling tiles, and custom veneered components for high-profile commercial projects.

About VT Industries
A family-owned company headquartered in Holstein, Iowa, VT Industries Inc. is North America's leading manufacturer of Architectural Wood Doors, VT Dimensions countertops, and A'vant Vanity Surfaces. The company serves customers from fourteen facilities strategically located throughout the U.S. and Canada. Visit the company's website at www.vtindustries.com for more information.

For more information contact:
Angela George
(800) 827-1615 Ext. 10512
ageorge@vtindustries.com

VT Industries Inc. acquired Eggers Industries to advance door industry innovation.

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SOURCE VT Industries Inc.

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