MiTek Acquires Aegis
Aegis was launched in 2002 as a joint venture of Dietrich Metal Framing and MiTek. When this transaction closes in early January 2009, Aegis will become a wholly owned division of MiTek. The entire Aegis team will remain in place to support continuing operations and capitalize on growth opportunities as the commercial construction market recovers.
“We are delighted to solidify our relationship with Aegis even further as a part of the MiTek family of companies,” said Gene Toombs, chairman and CEO of MiTek. “Our six-year relationship with Aegis has resulted in a thorough understanding of the company’s products and services. We share many of the same customers and are confident this acquisition will benefit everyone involved.”