Armstrong World Industries, Inc. acquired 3form, LLC from Hunter Douglas N.V. for $95 million.
April 28, 2024
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Armstrong World Industries, Inc. (NYSE:AWI) acquired 3form, LLC from Hunter Douglas N.V. for $95 million on April 29, 2024. In 2023, 3form generated approximately $96 million in revenue. Armstrong funded the acquisition with its revolving credit facility. District Capital Partners acted as adviser to Armstrong.
Armstrong World Industries, Inc. (NYSE:AWI) completed the acquisition of 3form, LLC from Hunter Douglas N.V. on April 29, 2024.
Armstrong World Industries, Inc. designs, innovates, and manufactures ceiling and wall system solutions. The Company manufactures and sources products made of numerous materials, including mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. It also manufactures ceiling suspension system (grid) products. Its Mineral Fiber segment produces suspended mineral fiber and soft fiber ceiling systems. Its products offer various performance attributes, such as acoustical control, rated fire protection, and energy efficiency. Its Architectural Specialties segment produces, designs and sources ceilings, walls and facades for use in commercial settings. Its products are available in metal, felt and wood, in addition to various colors, shapes and designs. It sells standard, premium and customized products. It is also engaged in designing and manufacturing sustainably crafted architectural resins and glass for ceilings, walls and other interior applications.