Published July 18, 2012
Arclin, a provider of bonding and surfacing solutions for the building industry, announced Tuesday that it has acquired the North American operations of Coveright Surfaces, including manufacturing facilities in Blythewood.
Arclin said the acquisition increases its capabilities to supply decorative surface overlays, including decorative melamine, laminate flooring films and phenolic films, used largely for furniture, cabinetry, fixtures and flooring. The combined company will offer a portfolio of overlay products manufactured at five facilities, one located in Canada and four in the United States.
"Supported by a strong organization and technology base, this acquisition creates an opportunity to deliver greater value to our customers through a broader product offering and expanded geographic coverage,” said Russ Taylor, Arclin president and CEO.
The demand for decorative surface overlays, also called thermo-fused melamine, is increasing in North America, Taylor said.
"Downstream markets are increasingly looking for high-performing, cost-effective surfacing solutions," he said, adding that the acquisition was driven by Arclin and Coveright's mutual desire to meet further projected increases in demand for the products as the economy gradually improves.
Decorative surfaces also meet growing market requirements for environmentally sustainable products. Arclin's decorative overlays are Greenguard for Children & Schools-certified, meeting the highest standards for low emissions, and are manufactured in Forest Stewardship Council chain of custody-certified facilities. Decorative overlays may also contribute to LEED credits for indoor air quality, as designated by the U.S. Green Building Council.
Terms of the transaction were not released.
Arclin’s corporate headquarters are in Mississauga, Ontario. The company has annual sales of about $500 million.