Fulton Asset Management acquires AFCO to deepen metals-focused building products play

AFCO Industrie

Fulton Asset Management acquires AFCO to expand its metals and building products footprint. The deal adds vertically integrated capacity in aluminum, fiberglass, and vinyl. Fulton Asset Management acquires AFCO as part of a broader portfolio in metals and manufacturing. With the acquisition, Fulton Asset Management acquires AFCO while keeping the existing leadership team in place.

What AFCO brings to Fulton’s portfolio

AFCO manufactures aluminum columns, hand railing, and millwork door components for residential markets. It also offers OEM contracting and metal fabrication services. Vertical integration supports speed, cost control, and consistent quality across extrusion, finishing, and assembly. The company’s Louisiana base complements Fulton's U.S. industrial network.

Implications for aluminum and building products supply chains

The acquisition strengthens aluminum value chain coverage from design to fabrication. Therefore, Fulton gains better access to residential renovation and light construction demand. Meanwhile, OEM and fabrication services enable cross-selling into aerospace-adjacent and industrial accounts. Financial terms were not disclosed by the companies.

The Metalnomist Commentary

This move consolidates midstream aluminum capability inside a private equity platform. Watch for capex in extrusion, coatings, and railing systems to scale regional share. Retaining AFCO’s team suggests continuity while Fulton pursues portfolio synergies.