M&A Deal Summary

Armstrong World Industries Acquires Triangle Pacific

On June 13, 1998, Armstrong World Industries acquired building materials company Triangle Pacific for 890M USD

Acquisition Highlights
  • This is Armstrong World Industries’ 1st transaction in the Building Materials sector.
  • This is Armstrong World Industries’ largest (disclosed) transaction.
  • This is Armstrong World Industries’ 1st transaction in the United States.
  • This is Armstrong World Industries’ 1st transaction in Nevada.

M&A Deal Summary
Date 1998-06-13
Target Triangle Pacific
Sector Building Materials
Buyer(s) Armstrong World Industries
Deal Type Add-on Acquisition
Deal Value 890M USD

Target

Triangle Pacific

Las Vegas, Nevada, United States
Triangle Pacific Corp. is a manufacturer of hardwood flooring and kitchen/bathroom cabinets.

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Buyer(S) 1

Buyer

Armstrong World Industries

Lancaster, Pennsylvania, United States
Category Company
Founded 1860
Sector Building Materials
Employees3,100
Revenue 1.3B USD (2023)
DESCRIPTION

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

DEAL STATS #
Overall 1 of 11
Sector (Building Materials) 1 of 9
Type (Add-on Acquisition) 1 of 10
State (Nevada) 1 of 1
Country (United States) 1 of 9
Year (1998) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-04 Intalite

Montreal,, Quebec, Canada

Intalite Inc, designs, develops and manufactures specialty metal ceiling systems for a wide range of market segments and applications, with sales primarily in the United States and Canada.

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