Wilsonart Acquires Virginia Tile's Woodworking Product Distribution Business
Deal News | Apr 04, 2025 | Globenewswire
Wilsonart Engineered Surfaces, headquartered in Austin, Texas, has acquired the woodworking product distribution division of Virginia Tile, a major provider of tile and surface solutions across the Midwest. The acquired division, with locations in Kansas and Missouri, distributes decorative surfaces and hardware. This acquisition is aimed at enhancing Wilsonart's distribution capabilities and expanding its portfolio of engineered surfaces to new markets. Despite being a valuable part of Virginia Tile's portfolio, the woodworking division was considered to have limited synergy with Virginia Tile's core flooring operations. To ensure a smooth transition, Randy Burton will assume the role of general manager of the acquired business. Legal counsel for the transaction was provided by Debevoise & Plimpton LLP. Virginia Tile continues its operation as a leader in the tile distribution industry as part of Artivo Surfaces, a group backed by Transom Capital Group. Established in 1956, Wilsonart is a global engineered surfaces firm that manufactures and distributes a wide range of products across various industries including residential and commercial markets.
Sectors
- Building Materials
- Distribution
Geography
- United States – Both Wilsonart and Virginia Tile operate primarily within the United States, making it the main geographical focus of the acquisition.
Industry
- Building Materials – Wilsonart and Virginia Tile operate in the building materials industry, focusing on surfaces and tile products for construction and renovation.
- Distribution – The transaction involves the acquisition of a product distribution business, highlighting the distribution industry.
Financials
- Not Disclosed – The financial terms of the transaction were not disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
Wilsonart Engineered Surfaces | Acquirer | Company | A global leader in manufacturing and distribution of engineered surfaces, headquartered in Austin, Texas. |
Virginia Tile | Vendor | Company | A premier distributor of tile and surface solutions, headquartered in Livonia, Michigan. |
Randy Burton | General Manager of the Acquired Portfolio | Person | Responsible for ensuring a seamless transition for the acquired division. |
Debevoise & Plimpton LLP | Legal Advisor | Company | Provided legal counsel to Wilsonart for the acquisition transaction. |