Armstrong World Industries Completes Acquisition of MRK Industries

Armstrong World Industries Inc. announced it has completed its acquisition of MRK Industries Inc. (MRK), a manufacturer of specialty metal ceiling, wall and exterior solutions. This acquisition further advances AWI’s strategy to sell into more spaces and sell more into every space by penetrating the architectural specialties segment with a broad portfolio and capabilities. MRK marks AWI’s fifth acquisition in three years.

AWI CEO Vic Grizzle says, “We know MRK and its management team well, as they have been a key supplier to us for several years, including supporting the Grand Central Terminal project in New York City. We welcome the employees to our architectural specialties team and look forward to integrating their unique capabilities, capacity and management know-how into AWI.” 

MRK is a manufacturer of specialty metal ceiling, wall and exterior solutions located in Libertyville, Ill., with annual revenues of approximately $14 million. AWI funded the acquisition with available cash.  Financial terms of the transaction were not disclosed.

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