Armstrong World Industries acquires A. Zahner Company
Armstrong World Industries. Inc. (AWI), a manufacturer of ceiling and wall solutions, has acquired A. Zahner Company (Zahner). Based in Kansas City, Mo., Zahner works in the design, engineering and fabrication of highly crafted, complex exterior architectural metal solutions. According to AWI, 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.
“We are thrilled to welcome Zahner and its talented team to the Armstrong family. Over the last decade, Armstrong has developed and acquired world class metal design and manufacturing capabilities for interior ceilings and specialty walls. The addition of Zahner allows us to further expand into the highly specifiable, exterior architectural metal category,” said Vic Grizzle, president and CEO, Armstrong World Industries.
“This acquisition represents a rare opportunity to connect two complementary companies with long, proven legacies of integrity, innovation and excellence in quality and service. With Zahner, we have dramatically elevated and expanded our capabilities to design, engineer, and fabricate truly unique, high-design architectural metal projects. Providing a broad, growing portfolio of specifiable materials and solutions to enable architects and designers to bring their most creative visions into reality – inside and outside a building – is a clear differentiator for Armstrong.”
Zahner is known for its collaborative design and metal fabrication capabilities for large and complex projects. The work of Zahner has shaped some of the most recognized spaces in the U.S., including SoFi Stadium in Inglewood, Calif., the Petersen Automotive Museum in Los Angeles, Calif., IBM’s corporate headquarters in Armonk, N.Y., and the Bloomberg Center in New York City.
“We are excited to join Armstrong World Industries and look forward to the opportunities this presents for our people and clients,” said William Zahner, CEO of Zahner. “I am confident that together with Armstrong we can accelerate our growth with a partner that shares common values, led by a focus on innovative design and client satisfaction. This begins a new chapter in an ongoing story of applying innovation and collaboration to build the incredible.”
Zahner was founded in 1897 by Andrew Zahner as a sheet metal fabricator of cornices and has expanded under the Zahner family leadership to become a leading designer and manufacturer of high-design architectural metal solutions. The business has production facilities in Missouri and Texas with approximately 160 employees, including experts in metallurgy, structural and mechanical engineering, and complex project management. The company is projected to generate revenue of approximately $42 million in 2024.
With the addition of Zahner, Armstrong has completed 12 architectural specialties acquisitions since 2016. The Zahner acquisition directly builds on and complements the exterior architectural metal capabilities of BOK Modern, LLC acquired by Armstrong in 2023.
Armstrong funded the acquisition with existing cash and its revolving credit facility, and District Capital Partners acted as its buy-side adviser.
