Exterior building products company Associated Materials withdraws IPO

By Renaissance Capital,

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Associated Materials, a manufacturer and distributor of exterior residential building products in the US and Canada, withdrew its plans for an initial public offering on Tuesday. It had initially filed for a $100 million IPO in July 2013. The Cuyahoga Falls, OH-based company was founded in 1947 and booked $1.2 billion in sales for the 12 months ended September 28, 2013. Goldman Sachs, Barclays and UBS Investment Bank were set to be the joint bookrunners on the deal.

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