Armstrong World Industries Expands Architectural Specialties Portfolio with Acquisition of Architectural Resin Leader 3form, LLC
April 29 2024 - 6:00AM
Business Wire
Armstrong World Industries. Inc. (NYSE:AWI), a leader in the
innovation and manufacture of ceiling and wall solutions, announced
today that it has acquired 3form, LLC. Based in Salt Lake City,
Utah, 3form is a leading designer and manufacturer of sustainably
crafted architectural resins and glass for ceilings, walls and
other interior applications. Its products and design solutions use
form, texture, light and color to transform spaces.
“We are delighted to welcome 3form to the Armstrong family and
to expand our portfolio of highly specifiable ceiling and wall
solutions with new translucent materials,” said Vic Grizzle,
President and CEO, Armstrong World Industries. “3form is a
well-established leader in architectural resins and
high-performance glass and adds exciting, new complementary
materials and design capabilities to our Architectural Specialties
portfolio. Together, we can provide even more unique solutions that
deliver on a designer’s boldest creative expression for a wide
range of spaces. With 3form’s deep capabilities in design, color,
texture and sustainability, this acquisition meaningfully expands
the unique, specifiable solutions we can provide architects and
designers and increases our ability to sell more products into more
spaces.”
Pioneers in architectural resin with expertise and passion for
color and sustainability, 3form offers solutions that can be found
in almost every type of building. 3form partners with architects
and designers to create unique statement spaces with standard and
custom products made with bold colors, textures, patterns and
lighting. Primarily used as specialty walls and partitions, many
3form products offer acoustical and sustainability benefits, in
addition to inspirational design and aesthetics.
3form has more than three decades of excellence in manufacturing
and design. Its primary products include architectural-grade
translucent resins and high-performance glass. The acquisition of
3form supports Armstrong’s commitment to expand its broad portfolio
of solutions that bring to fruition the vision of architects and
designers in any given space.
“On behalf of the entire 3form team, we are thrilled to join the
Armstrong family and to work together to expand our joint ability
to bring the creative visions of architects and designers to life,
transforming how people experience spaces,” said Wynn Clayton, CEO
of 3form. “We both have a strong culture of teamwork and integrity
and a shared commitment to sustainability and innovation. All of
this makes Armstrong a great fit for us, and we’re excited about
the journey ahead and the inspiring solutions we can now bring to
more customers.”
3form, previously a wholly owned subsidiary of Hunter Douglas
Group, was founded in 2002. The business includes 3 production and
design facilities with approximately 390 employees. In 2023, the
company generated approximately $96 million in revenue.
Armstrong funded the acquisition with its revolving credit
facility and District Capital Partners acted as its buyside
adviser.
About Armstrong World Industries
Armstrong World Industries, Inc. (AWI) is a leader in the design
and manufacture of innovative ceiling and wall system solutions in
the Americas. With $1.3 billion in revenue in 2023, AWI has
approximately 3,100 employees and a manufacturing network of 16
facilities, plus seven facilities dedicated to its WAVE joint
venture. For over 160 years, Armstrong has delivered products and
services to our customers that can transform how people design,
build and experience spaces with aesthetics, acoustics, wellbeing
and sustainability in mind.
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version on businesswire.com: https://www.businesswire.com/news/home/20240429977241/en/
Theresa Womble, tlwomble@armstrongceilings.com or (717)
396-6354
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