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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): January 17, 2025
 
JELD-WEN HOLDING, INC.
(Exact name of registrant as specified in its charter)
Delaware001-3800093-1273278
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(I.R.S. Employer
Identification Number)

2645 Silver Crescent Drive
Charlotte, North Carolina 28273
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (704) 378-5700
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2 below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c))

Securities Registered Pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock (par value $0.01 per share)JELDNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 2.01 Completion of Acquisition or Disposition of Assets.
On January 17, 2025, pursuant to an order issued by the United States District Court for the Eastern District of Virginia, Richmond Division, and the previously announced Asset Purchase Agreement (the “Purchase Agreement”), dated October 11, 2024 and effective December 13, 2024, by and between JELD-WEN, Inc. (“JW, Inc.”), a wholly-owned subsidiary of JELD-WEN Holding, Inc., a Delaware corporation (the “Company”), WG Towanda LLC, a wholly owned subsidiary of Woodgrain Inc. (“Purchaser”), and Woodgrain Inc., JW, Inc. completed the sale of its Towanda, Pennsylvania business and related assets to Purchaser (the “Transaction”) for a purchase price of $115 million, subject to customary closing adjustments.
The foregoing description of the Purchase Agreement and the Transaction does not purport to be complete and is qualified in its entirety by the Purchase Agreement filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K filed with the U. S. Securities and Exchange Commission on December 19, 2024.
Item 7.01 Regulation FD Disclosure.
On January 20, 2025, the Company issued a press release announcing the completion of the Transaction. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein.
The information in this Item 7.01 (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Description
99.1
104Cover Page Interactive Data file (formatted as Inline XBRL).

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 21, 2025  JELD-WEN HOLDING, INC.
  By:/s/ James S. Hayes
  James S. Hayes
  Executive Vice President, General Counsel and Corporate Secretary

JELD-WEN Completes Sale of Towanda, PA Facility as a Result of Court-Ordered Divestiture Process CHARLOTTE, N.C., Jan. 20, 2025 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) ("JELD-WEN" or the "Company"), a leading global manufacturer of building products, today announced that, in compliance with the court-ordered divestiture of its Towanda, Pennsylvania business, JELD-WEN has completed its previously announced sale of Towanda to Woodgrain Inc. on January 17, 2025 for a purchase price of $115 million, subject to customary closing adjustments. About JELD-WEN, Inc. JELD-WEN Holding, Inc. (NYSE: JELD) is a leading global designer, manufacturer and distributor of high-performance interior and exterior doors, windows, and related building products serving the new construction and repair and remodeling sectors. Based in Charlotte, North Carolina, the company operates facilities in 15 countries in North America and Europe and employs approximately 18,000 associates dedicated to bringing beauty and security to the spaces that touch our lives. The JELD-WEN family of brands includes JELD-WEN® worldwide, LaCantina® and VPI™ in North America, and Swedoor® and DANA® in Europe. For more information, visit corporate.JELD-WEN.com or follow LinkedIn. Forward Looking Statements This press release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identi�ed by our use of forward-looking terminology, including the terms "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "seek," or "should," and, in each case, their negative or other various or comparable terminology. These forward-looking statements are based upon the company's current plans, assumptions, beliefs, and expectations. Forward-looking statements are subject to the occurrence of many events outside of the company's control. The Company's actual results could di�er materially from the results contemplated by these forward-looking statements due to a number of factors, including, but not limited to: the outcome of any objection to the court-ordered divestiture and any related appeals; third-party costs incurred by the Company related to the transaction; the impact of our strategic transformation journey, footprint rationalization, cost reduction and modernization initiatives; the impact of acquisitions and divestitures on our business and our ability to maximize value and integrate operations; our pipeline of productivity projects; our expectations, beliefs, plans, objectives, prospects, assumptions, or other future events; risks and uncertainties related to the Company's current �nancial expectations and projections; and other factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and other �lings with the U.S. Securities and Exchange Commission. Media Contact: JELD-WEN Holding, Inc. Melissa Farrington Vice President, Enterprise Communications 262-350-6021 Mfarrington@jeldwen.com Investor Relations Contact: James Armstrong Vice President, Investor Relations 704-378-5731 jarmstrong@jeldwen.com SOURCE JELD-WEN Holding, Inc. Exhibit 99.1

 
v3.24.4
Cover Cover
Jan. 17, 2025
Cover [Abstract]  
Document Type 8-K
Document Period End Date Jan. 17, 2025
Entity Registrant Name JELD-WEN HOLDING, INC.
Entity Incorporation, State or Country Code DE
Entity File Number 001-38000
Entity Tax Identification Number 93-1273278
Entity Address, Street Address 2645 Silver Crescent Drive
Entity Address, City Charlotte
Entity Address, State NC
Entity Address, Postal Zip Code 28273
City Area Code 704
Local Phone Number 378-5700
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock (par value $0.01 per share)
Trading Symbol JELD
Security Exchange Name NYSE
Entity Emerging Growth Company false
Entity Central Index Key 0001674335
Amendment Flag false
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