ITW's Decorative Surfaces business has become a new, independent company operating as Wilsonart International Holdings LLC ("Wilsonart") and jointly owned by funds managed by Clayton, Dubilier & Rice (“CD&R”) and ITW. Wilsonart's business units manufacture and distribute high pressure laminates and other fine surfacing materials and components used in furniture, office and retail space, countertops, worktops and other applications. Wilsonart Americas, Resopal, Polyrey and Arborite will continue to operate under their current brand names. Backed by CD&R, a highly respected investment firm recognized for its business building skills and deep bench of seasoned operating leaders, the new company is in a strong position to leverage its market leadership to pursue growth opportunities through increased focus and additional resources.
Meet CD&R Operating Partner Paul Pressler
Wilsonart International Holdings LLC announced the appointment of Timothy J. O’Brien as President and Chief Executive Officer effective January 14, 2013. Mr. O’Brien, a former senior executive at SABIC Innovative Plastics, will also serve as a member of Wilsonart’s Board of Directors.... read more
Clayton, Dubilier & Rice ("CD&R") today announced the close of an investment in Wilsonart International Holding, LLC ("Wilsonart"), formerly ITW's Decorative Surfaces business. ITW retains an ongoing ownership stake in the new, independent company... read more