Acquisitions, leadership changes at Jeld-Wen

CHARLOTTE, N.C. — Jeld-Wen Holding announced last week that its CEO and president, Mark Beck, had left the company by mutual agreement. Chairman Kirk S. Hachigian has taken on his duties on an interim basis. At the same time, the company said it has reached an agreement to acquire all outstanding shares of door and frame maker ABS. The deal is expected to close late in the first quarter. Jeld-Wen also completed the acquisition of A&L, an Australian manufacturer of residential aluminum windows and patio doors since 1980.

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