Broadview Holding completes acquisition of Formica Group
Broadview Holding announced Monday that it has completed the $840 million (U.S. dollars) acquisition of Cincinnati-based Formica Group from Fletcher Building. The sale includes Formica businesses in North America, Europe, and Asia, as well as its Homapal metal laminates business. Formica Group invented laminate in 1913 and remains a leading provider of branded, designed surfacing solutions for commercial and residential customers worldwide. Broadview Holding also owns Trespa (the global leader in exterior HPL cladding), Arpa (well known for its innovative Fenix product line), and Westag (manufacturer of doors, elements and surfaces with a significant footprint in Germany).
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