-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K7xl37w8Bs7MF9hIHNx6DdjBmM1vjQNpathPFiDz7o77MSPXQr0H5FqPTjpBykLL y9DOGFhwDG+hTGhmLprjZw== 0000072423-99-000014.txt : 19990427 0000072423-99-000014.hdr.sgml : 19990427 ACCESSION NUMBER: 0000072423-99-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990426 ITEM INFORMATION: FILED AS OF DATE: 19990426 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTEK INC CENTRAL INDEX KEY: 0000072423 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] IRS NUMBER: 050314991 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-06112 FILM NUMBER: 99600651 BUSINESS ADDRESS: STREET 1: 50 KENNEDY PLZ CITY: PROVIDENCE STATE: RI ZIP: 02903 BUSINESS PHONE: 4017511600 MAIL ADDRESS: STREET 1: 50 KENNEDY PLAZA CITY: PROVIDENCE STATE: RI ZIP: 02903 8-K 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 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): April 26, 1999 ----------- NORTEK, INC. (Exact name of Registrant as specified in its charter) DELAWARE 1-6112 05-0314991 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of Incorporation) I.D. Number) ----------- 50 Kennedy Plaza, Providence, Rhode Island 02903-2360 (Address of Principal Executive Offices) (Zip Code) (401) 751-1600 Registrant's Telephone Number including area code Item 5. Other Events On April 26, 1999, Nortek, Inc. (the "Company") issued a press release announcing it had completed the acquisition of three businesses from Caradon plc of the United Kingdom: Peachtree Doors and Windows, Thermal-Gard and CWD Windows and Doors. A copy of the press release issued by the Company on April 26, 1999 is attached hereto as Exhibit 99 and is incorporated by reference herein. Item 7. Financial Statements and Exhibits. (c) Exhibits. Exhibit 99 Press release issued by Nortek, Inc. on April 26, 1999. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. NORTEK, INC. By: /s/Richard J. Harris ------------------------- Name:Richard J. Harris Title: Vice President and Treasurer EX-99 2 [Letterhead of Nortek, Inc.] Richard L. Bready, Chairman Richard J. Harris, Vice President and Treasurer (401) 751-1600 IMMEDIATE NORTEK COMPLETES THE ACQUISITION OF THREE NORTH AMERICAN OPERATIONS OF CARADON plc Purchase Includes Peachtree Doors and Windows, a Well-Known National Supplier of Premium Window and Door Products PROVIDENCE, RI, April 26, 1999--Nortek, Inc. (NYSE:NTK), today announced it has completed the acquisition of three businesses from Caradon plc of the United Kingdom: Peachtree Doors and Windows, Thermal-Gard and CWD Windows and Doors. Peachtree Doors and Windows, based in Norcross, Georgia, is a national supplier of premium residential windows, entry doors and patio doors that targets custom and high-end home markets. Peachtree adds a strong consumer brand name to Nortek's window business. In addition, it manufactures and sells entry doors, a product line which Nortek currently does not offer and which will allow Nortek to offer a more complete package to builders. Thermal-Gard, based in Punxsutawney, Pennsylvania, manufactures premium replacement windows, patio doors and sunrooms, primarily for the eastern and mid-western residential markets. The Thermal-Gard product line enhances Nortek's market leadership position in the lucrative--and growing--vinyl replacement window market. In addition, Thermal-Gard manufactures and sells sunrooms, a product line which complements Nortek's vinyl replacement window businesses. - m o r e - CWD Windows and Doors, headquartered in Calgary, Alberta, is a leading provider of complete window and door systems for new homes in Western Canada. CWD gives Nortek a solid entrance into the Western Canadian new-construction market, which is currently very strong, and which should help expand Nortek's sales in the western part of North America. Richard L. Bready, Nortek's Chairman and Chief Executive Officer, said "This acquisition aggressively expands our North American presence in the windows and doors marketplace. These companies will be added to Nortek's Windows, Doors and Siding Group, which already includes some of the country's leading manufacturers of quality windows, patio doors, vinyl siding and vinyl-siding accessories. The business units in this group have built a reputation for offering high-value, low-maintenance building products for residential and light commercial applications in both the new construction and the repair/remodeling markets." Nortek is a leading international manufacturer and distributor of high-quality, competitively priced building, remodeling and indoor environmental control products for the residential and commercial markets. The Company offers a broad array of products for improving the environments where people live and work. Its products include range hoods and other spot ventilation products, heating and air conditioning systems, wood and vinyl windows and doors, vinyl siding products, indoor air quality systems, and specialty electronic products. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "anticipates," "intends," "plans," "estimates," or similar expressions are intended to identify these forward-looking statements. These statements are based on the Company's current plans and expectations and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those set forth in the forward-looking statements. Important factors that could cause actual future activities and results to differ include the availability and cost of certain raw materials (including among - P a g e 2 - others steel, copper, packaging materials, plastic, resins, glass, wood and aluminum) and purchased components, the level of domestic and foreign construction and remodeling activity affecting residential and commercial markets, interest rates, employment, inflation, Y2K readiness, currency translation, consumer spending levels, operating in international economies, the rate of sales growth, price and product liability claims. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. For further information, please refer to the Company's reports and filings with the Securities and Exchange Commission. # # # -----END PRIVACY-ENHANCED MESSAGE-----