LANCASTER, Pa. — Armstrong World Industries Inc. has acquired Geometrik Manufacturing Inc., a leading Canadian designer and manufacturer of wood acoustical ceiling and wall systems made from multiple wood species, including Western Hemlock, based in Kelowna, British Columbia.
With the addition of Geometrik, Armstrong has now completed 13 Architectural Specialties acquisitions since 2016. The company funded the acquisition with available cash and District Capital Partners acted as its buy-side adviser. No further details were made public.
“We are excited to welcome Geometrik to the Armstrong family and to significantly expand our wood manufacturing capabilities and product portfolio in Canada and the U.S with sought-after wood species like Western Hemlock,” said AWI CEO and President, Vic Grizzle. “We know designers and architects are drawn to the warmth of wood looks and biophilic design as demand for our products in this category has continued to grow. By combining the creative designs and manufacturing capabilities of Geometrik with Armstrong’s existing wood capabilities and best-in-class service platform, we expect to accelerate our growth in this rapidly expanding category and deliver more of these innovative, inspiring solutions to customers across North America.”…