Wilsonart acquires lab-grade surface maker Durcon

By Catherine Kavanaugh
Staff Reporter

Published: December 3, 2013 12:46 pm ET
Updated: December 3, 2013 12:52 pm ET

Related to this story

Topics Mergers & Acquisitions, Construction

Wilsonart LLC acquired Durcon Inc., a Taylor, Texas-based company that manufactures epoxy-resin work surfaces and sinks for laboratories and research facilities, in a move to expand product offerings.

Durcon will operate as a new, independent business unit of Wilsonart, which makes and distributes high-pressure laminates and other engineered surfaces used in commercial and residential furniture, countertops and worktops.

Terms of the acquisition were not immediately available. Wilsonart operates as a business unit of Illinois Tool Works Inc., which has its corporate headquarters in Glenview, Ill.; Durcon had been owned by the private equity firm Quad-C Management since September 2010.

The two businesses fit well together, according to Wilsonart CEO Timothy J. O’Brien.

“We are investing for growth and adding a great brand, great products and great people to the Wilsonart family,” he said in a statement. “These two organizations are culturally aligned around customer service, which will continue to be a key competitive advantage as we join forces to expand product offerings and reach new customers.”

Wilsonart, which is based in Temple, Texas, offers products under the Wilsonart, Resopal, Polyrey and Arborite brand names.

Durcon supplies chemical-resistant, lab-grade work surfaces and related products for businesses and educational facilities. The company has achieved strong customer loyalty for its brand, according to CEO Cordell Bennigson, who sees growth opportunities by joining Wilsonart.

“Together, we will continue to invest for significant growth, both organically and through expanding our products and capabilities,” he said in a statement.

The completion of the acquisition was announced on Nov. 8.


Comments

Wilsonart acquires lab-grade surface maker Durcon

By Catherine Kavanaugh
Staff Reporter

Published: December 3, 2013 12:46 pm ET
Updated: December 3, 2013 12:52 pm ET

Post Your Comments


Back to story


More stories

Image

Accella buys IPS Polymer Systems

March 3, 2015 5:26 pm ET

Accella Performance Materials Inc. is acquiring IPS Polymer Systems Inc. to expand the firm's growing polyurethane operation.    More

Image

Coveris sees 'common culture' form after mergers, acquisitions

March 3, 2015 11:37 am ET

Coveris Holdings Corp. is a mega-rollup in packaging, a major international player, said Robert Larson, president of Coveris' Food and Consumer North ...    More

Image

Bayer expands with acquisition of Germany's Thermoplast Composite

March 3, 2015 10:59 am ET

Bayer AG's Bayer MaterialScience LLC has bought composite materials specialist Thermoplast Composite GmbH based near Nuremberg, Germany.    More

Image

Almost half of mid-market firms say they are looking to buy competitors

March 2, 2015 3:52 pm ET

There are steps that plastics business owners can take to keep the mergers and acquisitions parade rolling into 2015.    More

Image

Ukrainian crises eats into plans for building materials firm Masterplast

March 2, 2015 10:03 am ET

Hungarian building materials manufacturer Masterplast Nyrt. saw its earnings fall in 2014 after the worsening Ukraine crisis forced it to write off in...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events