Oldcastle Glass(R) Acquires the Vistawall Group


SANTA MONICA, California, July 2 /PRNewswire/ --

- Creates North America's Largest Manufacturer of Architectural Glass and
Aluminum Glazing Systems

Oldcastle Glass(R) has acquired the Vistawall Group for a total
consideration of US$190 million. Vistawall is a leading vertically-integrated
manufacturer of a broad range of architectural aluminum glazing systems,
including storefronts systems, doors, curtain wall, operable windows, glass
skylights, and translucent roof and wall systems.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070702/LAM077LOGO)

With the purchase of Vistawall, Oldcastle Glass is now the largest
manufacturer of architectural glass and aluminum glazing systems in North
America. "The Vistawall acquisition provides scale and a national footprint
with sales in all 50 states, and is the cornerstone of our growth strategy to
be the market leader in engineered products used to close the building
envelope," said Ted Hathaway, CEO, Oldcastle Glass.

Oldcastle Glass's current architectural aluminum glazing systems
businesses, including Southwest Aluminum Systems in Chandler, Arizona; Fulton
Windows in Toronto, Canada; Texas Wall Systems in Dallas, Texas; and National
Retail Systems in Austin, Texas; will be integrated with Vistawall. "Our
Engineered Products division, with annual sales of more than US$500 million,
is positioned for growth from bolt-on acquisitions, investments in
state-of-the-art equipment and new manufacturing locations," said Hathaway.

"Oldcastle Glass is a unique strategic partner for Vistawall and we are
delighted by this acquisition. We expect to dramatically improve our
efficiencies and service levels through sharing of Best Practices between our
locations. Oldcastle Glass has the financial resources to invest in our
growth and they have shown strong commitment to providing a safe and exciting
workplace for our employees," said Tom Harris, President of Vistawall, who
will lead Oldcastle Glass's Engineered Products division after the
acquisition.

Vistawall's main manufacturing facility and headquarters are in Terrell,
Texas. In addition, Vistawall has six manufacturing and engineering
facilities located in Greeneville, Tennessee; Newnan, Georgia; Warwick, Rhode
Island; Modesto, California; Wausau, Wisconsin; and Bloomsburg, Pennsylvania;
and 19 service centers located throughout the United States.

About Oldcastle Glass(R) - Oldcastle Glass is the largest North American
supplier of Building Envelope Solutions to the architectural and commercial
glazing communities, including custom-engineered curtain wall,
high-performance and custom-fabricated architectural glass, architectural
windows, skylights and translucent roof and wall systems, storefronts and
doors.

Prominent architectural projects in North America that feature Oldcastle
Glass include the Getty Center, the William J. Clinton Presidential Library,
the Hawaii Convention Center, and Santiago Calatrava's Sundial Bridge near
Sacramento, California. Oldcastle Glass is a U.S. subsidiary of CRH plc, one
of the world's top five international building products companies.

Information contact:

Susan Trimble: Director of Corporate Communications
    (strimble@oldcastleglass.com)
    +1-310-264-4700

Web site: http://www.oldcastleglass.com

© PR Newswire Association LLC.

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