M&A
confidence high
sentiment positive
materiality 0.70
Armstrong World Industries acquires 3form, LLC for $95M to expand architectural specialties
ARMSTRONG WORLD INDUSTRIES INC
- Purchase price of $95M, funded via revolving credit facility; 3form had ~$96M net sales in 2023.
- 3form adds architectural resins and high-performance glass to AWI's ceiling and wall portfolio.
- 3form employs ~390 people across three U.S. design and production facilities.
- Acquisition supports AWI's strategy to increase specifiable solutions for architects and designers.
- 3form was previously a wholly owned subsidiary of Hunter Douglas Group.