Exteria Building Products Announces Acquisition

Two industry leaders join forces to better serve customer base.

Miami, FL -- (SBWire) -- 07/06/2016 --Exteria Building Products, a leading composite siding manufacturer, announced that is was acquired by Novik®, a premier manufacturer of shake, stone and accessory products that's located in Quebec City, Quebec. Clearview Capital Fund III, LP, principals of Novik since 2014, completed the purchase from an affiliate of Graham Partners, owner of Exteria Building Products and its co-investors. Clearview Capital® is well known in the building products industry for having created and built the AZEK® brand of cellular PVC trim, deck and railing products.

Novik will keep both the Novik and Exteria Building Products manufacturing facilities, brands and sales teams, so it will be business as usual, Novik President Ralph Bruno said in a news release. This new business partnership is an exciting opportunity to combine Exteria Building Products' life-like stone textures and color variations with Novik's world-class surface treatment.

Drawing on more than three decades of combined experience, Exteria Building Products and Novik, together, now have the size, scale and breadth of products to accelerate growth and demand for their combined customer base.

"These are exciting times for our employees, our customers and our ever-increasing network of builders and contractors as we join with Novik to take our business to the next level," said Frank McCormack, senior vice president of sales for Exteria Building Products.

Exteria Building Products is committed to helping professionals enhance their reputations and expand their businesses. Designed to last, the company's products set the bar for industry innovation. In fact, some of the company's early design engineers helped invent the cedar replica category. Exteria Building Products also successfully imitated the lifecycle of natural cedar through its Weathered Series, while its life-like stone textures and color variations deliver unprecedented authenticity.

For more information about Exteria Building Products or their new partnership, interested individuals are encouraged to call the company at 800-640-8133, or visit the company's website at http://pro.exteriabp.com/.

About Exteria
With over three decades of experience, Exteria Building Products has established itself as a leading composite siding manufacturer. Exteria's early design engineers helped invent the cedar and masonry replica category. Life-like stone textures and color variations deliver unprecedented authenticity, while a proprietary coating system enhances the sense of realism.

Learn more at http://pro.exteriabp.com/.

About Novik
Novik® is a premier manufacturer of NovikShake™, NovikStone™ and accents that replicate the natural beauty and texture of wood and stone materials. At the forefront of technology, Novik offers attainable luxury that is attractive and easy to install. Novik products are a perfect fit for builders, contractors, facility managers and consumers who take pride in the aesthetic appearance of their home or building. For more information, visit http://www.novik.com

Media Relations Contact

Maureen Murray
http://pro.exteriabp.com/

View this press release online at: http://rwire.com/704226