M&A
confidence high
sentiment neutral
materiality 0.45
Armstrong World Industries acquires BOK Modern, expands architectural metal capabilities
ARMSTRONG WORLD INDUSTRIES INC
- Acquired BOK Modern, a designer of integrated architectural metal systems for interior and exterior applications.
- BOK Modern had 2022 revenues of approximately $12 million; AWI funded the deal with available cash.
- Founders Heddie Chu and Russ Naylor remain with the company post-acquisition.
- Transaction adds to AWI's metal category alongside its existing Moz and Arktura businesses.
- Financial terms of the acquisition were not disclosed.