Quanex Building Products to acquire Tyman Plc in a £788 million deal

LONDON, UK: Quanex Building Products Corporation has reached agreement on the terms of a recommended cash and share offer to acquire Tyman Plc. The transaction is intended to be implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act. Under the terms of the transaction, Tyman shareholders will be…

Tyman plc appoints Rutger Helbing as new Chief Executive Officer

LONDON, UK: Tyman plc, an international supplier of engineered fenestration components and access solutions to the construction industry, announced the appointment of Rutger Helbing as Chief Executive Officer (CEO) effective from 2 January 2024. Rutger’s appointment follows a rigorous and extensive process that included both internal and external candidates in conjunction with a leading executive…