Gienow Windows & Doors Income Fund
TSX : GIF.UN

Gienow Windows & Doors Income Fund

July 15, 2005 15:34 ET

Gienow Windows & Doors Income Fund Completes Acquisition of Chantecler Assets

CALGARY, ALBERTA--(CCNMatthews - July 15, 2005) -

NOT FOR DISTRIBUTION IN THE United States OR TO U.S. CITIZENS

Gienow Windows & Doors Income Fund (TSX:GIF.UN) (the "Fund") announces that a newly-formed, indirect, wholly-owned subsidiary of the Fund, Chantecler Windows & Doors Limited Partnership, has completed the previously announced acquisition of the operating assets of Chantecler Windows and Doors, Inc./ Portes et Fenetres Chantecler, Inc. ("Chantecler") and the assumption of all related liabilities and obligations.

With annual sales of approximately $15 million, Chantecler serves the greater Ottawa/Hull new construction market with its manufacturing facility located in Gatineau, Quebec and provides the Fund with a beachhead into the new construction market in Eastern Canada.

"We look forward to integrating the Chantecler business into the Fund and building upon the employee, customer and vendor relationships previously established by Chantecler" said Dominique Van Voorhis, President of Farley Windows Inc., a subsidiary of the Fund, who now assumes a dual role and becomes the President of both Chantecler and Farley.

About Gienow Windows & Doors Income Fund

Gienow Windows & Doors Income Fund is an unincorporated, open-ended, limited-purpose trust established under, and governed by the laws of the Province of Alberta. The Fund indirectly holds a 98% limited partnership interest in the Gienow Windows & Doors Limited Partnership and owns all of the outstanding shares of Farley Windows Inc., a window manufacturer in Alexandria, Ontario. The Fund is one of the largest Canadian window and door manufacturers and one of only two Canadian window and door manufacturers with a national manufacturing and sales presence.

To find out more about the Fund, visit our website at www.gienowincomefund.ca.

Contact Information

  • Gienow Windows & Doors Income Fund
    Dave Munro
    President and Chief Executive Officer
    (403) 203-8200 or toll free at (800) 297-6102
    or
    Gienow Windows & Doors Income Fund
    Richard Boyer
    Vice President Finance and CFO
    (403) 203-8200 or toll free at (800) 297-6102
    Email: info@gienowincomefund.ca
    Website: www.gienowincomefund.ca
    or
    Farley Windows Inc.
    Dominique Van Voorhis
    President
    (613) 525-3065