{"id":62845,"date":"2018-05-31T17:00:59","date_gmt":"2018-05-31T21:00:59","guid":{"rendered":"https:\/\/www.constructionspecifier.com\/?p=62845"},"modified":"2018-05-31T17:00:59","modified_gmt":"2018-05-31T21:00:59","slug":"velux-strengthens-global-portfolio-through-acquisition","status":"publish","type":"post","link":"https:\/\/www.constructionspecifier.com\/velux-strengthens-global-portfolio-through-acquisition\/","title":{"rendered":"Velux strengthens global portfolio through acquisition"},"content":{"rendered":"<figure id=\"attachment_62846\" aria-describedby=\"caption-attachment-62846\" style=\"width: 352px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2018\/05\/156414-6760_alexander_bell_drive-1024x768.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-62846\" src=\"https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2018\/05\/156414-6760_alexander_bell_drive-1024x768.jpg\" alt=\"Velux America\u2019s acquisition of Wasco is part of the company\u2019s strategy to strengthen its global reach in the commercial skylight industry. Photo courtesy Wasco Products\" width=\"352\" height=\"264\" srcset=\"https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2018\/05\/156414-6760_alexander_bell_drive-1024x768.jpg 1024w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2018\/05\/156414-6760_alexander_bell_drive-1024x768-300x225.jpg 300w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2018\/05\/156414-6760_alexander_bell_drive-1024x768-768x576.jpg 768w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2018\/05\/156414-6760_alexander_bell_drive-1024x768-500x375.jpg 500w\" sizes=\"auto, (max-width: 352px) 100vw, 352px\" \/><\/a><figcaption id=\"caption-attachment-62846\" class=\"wp-caption-text\"><span style=\"font-size: 10pt; font-family: arial, helvetica, sans-serif;\">Velux America\u2019s acquisition of Wasco is part of the company\u2019s strategy to strengthen its global reach in the commercial skylight industry. <\/span><br \/><em><span style=\"font-size: 10pt; font-family: arial, helvetica, sans-serif;\">Photo courtesy Wasco Products<\/span><\/em><\/figcaption><\/figure>\n<p><a href=\"https:\/\/www.veluxusa.com\/\" target=\"_blank\" rel=\"noopener\">Velux America<\/a>, the U.S. sales company of global skylight manufacturing enterprise <a href=\"https:\/\/www.velux.com\/\" target=\"_blank\" rel=\"noopener\">Velux Company<\/a>, has acquired <a href=\"https:\/\/www.wascoskylights.com\/\" target=\"_blank\" rel=\"noopener\">Wasco Products<\/a> as part of a continued effort to broaden its reach in the commercial skylight industry.<\/p>\n<p>\u201c[This acquisition] will further strengthen our position in the commercial and residential daylighting category,\u201d said David Briggs, CEO of Velux Group. \u201cWasco\u2019s commitment to continuous product improvement makes it a perfect match for the Velux family.\u201d<\/p>\n<p>Velux is one of the largest commercial skylight manufacturers in the U.S. and has manufacturing offices in more than 10 countries around the world. Wasco, which has been in operation since 1935, specializes in energy-efficient custom and standard installations.<\/p>\n<p>\u201cOur two companies share a vision for creating happy and healthy workplaces and homes with daylighting, and we\u2019re honored to join forces with the Wasco team,\u201d said Tim Miller, president of Velux America. \u201cTogether, we can help architects and interior designers bring their visions for better work environments to life through a strong and diverse commercial product offering.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Velux America, the U.S. sales company of global skylight manufacturing enterprise Velux Company, has acquired Wasco Products as part of a continued effort to broaden its reach in the commercial skylight industry.<\/p>\n","protected":false},"author":4887,"featured_media":62846,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1029],"tags":[3573,45,4388],"class_list":["post-62845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-acquisition","tag-lighting","tag-windows-doors","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Velux strengthens global portfolio through acquisition - The Construction Specifier<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.constructionspecifier.com\/velux-strengthens-global-portfolio-through-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Velux strengthens global portfolio through acquisition - The Construction Specifier\" \/>\n<meta property=\"og:description\" content=\"Velux America, the U.S. sales company of global skylight manufacturing enterprise Velux Company, has acquired Wasco Products as part of a continued effort to broaden its reach in the commercial skylight industry.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.constructionspecifier.com\/velux-strengthens-global-portfolio-through-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"The Construction Specifier\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-31T21:00:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2018\/05\/156414-6760_alexander_bell_drive-1024x768.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samantha Ashenhurst\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samantha Ashenhurst\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/velux-strengthens-global-portfolio-through-acquisition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/velux-strengthens-global-portfolio-through-acquisition\\\/\"},\"author\":{\"name\":\"Samantha Ashenhurst\",\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/#\\\/schema\\\/person\\\/08c7087dff45ca0529eac7675313f4c7\"},\"headline\":\"Velux strengthens global portfolio through acquisition\",\"datePublished\":\"2018-05-31T21:00:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/velux-strengthens-global-portfolio-through-acquisition\\\/\"},\"wordCount\":207,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.constructionspecifier.com\\\/velux-strengthens-global-portfolio-through-acquisition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.constructionspecifier.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/156414-6760_alexander_bell_drive-1024x768.jpg\",\"keywords\":[\"acquisition\",\"lighting\",\"windows &amp; 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