WORTHINGTON, Ohio--(BUSINESS WIRE)--Custom Glass Solutions, LLC (“CGS”), a leading glass manufacturer focused on transportation applications, has named Matthew J. Dietrich (Matt) Chief Executive Officer, effective May 8, 2023. Mr. Dietrich has more than 35 years of professional experience successfully scaling, optimizing, and guiding industrial-engineered products businesses in various functional, executive and board leadership roles. CGS is a portfolio company of Stellex Capital Management.
“Matt brings to CGS an admirable combination of diverse operational experience and commercial leadership skills, combined with a genuine professional passion to improve and operate middle-market businesses,” said Michael Stewart, Managing Partner at Stellex Capital Management and Board Director for CGS. “We are excited to bring Matt on board and believe that his skillset will help drive positive results for Custom Glass Solutions.”
An Engineer by background, Mr. Dietrich spent the first half of his career at several large public corporations including Ingersoll-Rand, Timken, and Carlisle Companies in a variety of key functional and executive leadership roles. He has successfully led industrial businesses in the public, private, foreign, and private equity-owned arenas, with P&L sizes ranging from $50 million to almost $1 billion in revenue. Most recently, Mr. Dietrich was CEO of Alco Manufacturing Corporation, one of the largest contract precision machining companies in North America.
“The Custom Glass Solutions platform offers a really attractive set of products, process expertise, and technical capabilities that are desirable to our existing customers, and also to a broader set of potential applications and end markets,” said Mr. Dietrich. “I’m very optimistic that we can continue to leverage the combined attributes of this business to achieve additional profitable growth and higher operational efficiencies. Ultimately these are opportunities that enable us to better serve and delight our customers.”
Fabricating windshields in Ohio since 1974, CGS has been focused on growth since being acquired by Stellex in October of 2018. Since then, CGS has expanded its footprint in Ohio, acquired NASG Holdings Inc., acquired Cameron Glass, Inc. and is actively focused on organic growth and business optimization.
About Custom Glass Solutions
Custom Glass Solutions, LLC (CGS) is North America’s leading producer of large-format, laminated glass systems. In addition to laminated glass, CGS also manufactures flat, bent, and tempered glass systems, offering a broad range of capabilities and the most diverse selection of products for many different transportation and mobile equipment segments. Through its Network business, CGS also works with insurance companies, fleet operators and vehicle owners to coordinate glass replacement services. Today, the company operates three facilities in Ohio, one in Oklahoma, and another in Eastern Pennsylvania, and employs over 600 hundred dedicated employees serving customers across the North American market.
About Stellex Capital Management
With offices in New York, Detroit, and London, Stellex Capital is a private equity firm with over $2.6 billion in AUM. Stellex seeks to identify and deploy capital in opportunities that have the potential to provide stability, improvement, and growth. Portfolio companies benefit from Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insight, and access to capital. Sectors of particular focus include specialty manufacturing, industrial and business services, aerospace & defense, automotive, and government services. Additional information may be found at www.stellexcapital.com.
