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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Dec. 13, 2:54 AM

Slide #26. Armstrong World Industries. Inc. A. Zahner Company

Acquirer: Armstrong World Industries. Inc. (NYSE:AWI)
Acquiree: A. Zahner Company
Details: Armstrong World Industries. Inc. (NYSE:AWI), a leader in the innovation and manufacture of ceiling and wall solutions, announced today that it has acquired A. Zahner Company (Zahner). Based in Kansas City, Mo., Zahner is a widely recognized leader in the design, engineering and fabrication of highly crafted, complex exterior architectural metal solutions. Zahner's advanced metal surfaces and engineering systems are unique in the industry and have been used in some of the most iconic commercial buildings, cultural centers and other structures in North America and beyond.

Armstrong World Industries, Inc. designs, innovates, and manufactures ceiling and wall system solutions. Co. manufactures and sources products made of numerous materials, including mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. It also manufactures ceiling suspension system (grid) products. Its Mineral Fiber segment produces suspended mineral fiber and soft fiber ceiling systems. Its products offer various performance attributes, such as acoustical control, rated fire protection, and energy efficiency. Its Architectural Specialties segment produces, designs and sources ceilings, walls and facades for use in commercial settings.

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Company Name:  Armstrong World Industries Inc
Stock buyback:  AWI buyback
Website:  www.armstrong.com
Sector:  Construction Materials & Machinery
Number of ETFs Holding AWI:  107
Total Market Value Held by ETFs:  $1.58B
Total Market Capitalization:  $6.75B
% of Market Cap. Held by ETFs:  23.47%
 

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December 13, 2024    2:54 AM Eastern
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Buy (2.86 out of 4)
16th percentile
(ranked lower than approx. 84% of all stocks covered)

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