Divestiture • Building Materials

Armstrong World Industries Acquires 3form

On April 29, 2024, Armstrong World Industries acquired building materials company 3form from Hunter Douglas

Acquisition Context
  • This is Armstrong World Industries’ 9th transaction in the Building Materials sector.
  • This is Armstrong World Industries’ 9th transaction in the United States.
  • This is Armstrong World Industries’ 1st transaction in Utah.

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M&A Deal Summary

Date April 29, 2024
Target 3form
Sector Building Materials
Buyer(s) Armstrong World Industries
Sellers(s) Hunter Douglas
Deal Type Divestiture

Target Company

3form

Salt Lake City, Utah, United States
3form is a 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. 3form was founded in 1991 and is based in Salt Lake City, Utah.
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Buyer Overview 1

Buyer

Armstrong World Industries

Lancaster, Pennsylvania, United States

Category Company
Founded 1860
Sector Building Materials
Employees3,600
Revenue 1.4B USD (2024)
DESCRIPTION

Armstrong World Industries is a designer and manufacturer of floors, ceilings and cabinets. Armstrong operates over 35 plants in nine countries. Armstrong World Industries was incorporated in 1860 and is based in Lancaster, Pennsylvania.


Deal Context for Buyer #
Overall 11 of 13
Sector: Building Materials 9 of 10
Type: Divestiture 1 of 1
State: Utah 1 of 1
Country: United States 9 of 10
Year: 2024 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-24 BŌK Modern

San Rafael, California, United States

BŌK Modern is a provider in the design and development of integrated architectural metal systems for interior and exterior applications. BŌK Modern was founded in 2009 and is based in San Rafael, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-04 Zahner

Kansas City, Missouri, United States

Zahner is a provider in the design, engineering and fabrication of highly crafted, complex exterior architectural metal solutions. Zahner was founded in 1897 and is based in Kansas City, Missouri.

Buy -

Seller Profile 1

SELLER

Hunter Douglas

Rotterdam, Netherlands

Category Company
Founded 1919
Sector Consumer Products
Revenue 3.5B EUR (2020)
DESCRIPTION

Hunter Douglas is a manufacturer of window coverings as well as a major manufacturer of architectural products. The company develops innovative, high-quality, proprietary products that can be found in millions of homes and commercial buildings around the globe. it operates as a highly decentralized, global federation of small and medium-sized companies that manufacture and market similar products. Hunter Douglas was incorporated in 1919 and is based in Rotterdam, Netherlands.


Deal Context for Seller #
Overall 1 of 1
Sector: Building Materials 1 of 1
Type: Divestiture 1 of 1
State: Utah 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-08 Vertilux Corp PTY

Tullamarine, Australia

Vertilux is a commercial window covering fabricator located in Australia.

Buy -