Nystrom acquires entrance-design firm Brooklyn Park-based Nystrom Building Products has bought Arden Architectural Specialties, an entrance-design firm in New Brighton with $4.2 million annual sales. Terms were not disclosed. The deal will give Nystrom 24 additional employees and access to new markets. No layoffs are anticipated. The 60-year-old Nystrom has $33 million in revenues and 140 employees who manufacture, sell and deliver architectural louvers, expansion-joint covers and other building products directly to contractors on commercial building sites. Twenty-year-old Arden helps design entrance systems, wall protection equipment and safety stair treads. DEE DEPASS
about the writer
Different metrics may appeal to different buyers in the Minnesota Star Tribune’s 10th-annual Hot Housing Index.
Advertisement