Genesis Products acquires BHK of America
Genesis Products Inc. has acquired BHK of America based in South Boston, Va.
The acquisition will integrates BHK’s 46 years of production innovation in drawer components with Genesis Products’ 20 years of expertise as a leading supplier of laminated panels, wood components, and custom molded solutions.
The deal was completed on Nov. 30. Financial terms were not disclosed.
“The combined strengths of Genesis and BHK will enhance our product offerings and service to the residential kitchen cabinet, furniture and closet industries,” said Jon Wenger, CEO, Genesis Products. “Both teams have had a longstanding focus on serving customers across multiple industries.”
“The alignment of our company goals and expertise in drawer component manufacturing creates a very exciting opportunity – both for our team members and distributors,” said Reiner Kamp, CEO, BHK of America.
According to Wenger, initial plans for the acquisition is to maintain the existing BHK leadership and sales team.
The goal is to amplify BHK’s product and capacity growth, with an eye on distributor and customer needs. The acquisition also expands the Genesis Products footprint on the East coast, with the Genesis Plant 4 and BHK’s plant in close proximity.
In addition to an established network of distributors, the BHK team comes to the Genesis family as experts in vinyl-wrapped drawer parts, including their linear miter-fold option which they introduced from Europe 45 years ago.
“The acquisition strategy was a clear opportunity to enhance Genesis’ 20 years of expertise in drawer components. We are really excited to be adding the DuraWrap® line to our existing plywood offering,” said Wenger.
Both companies’ product lines will be exhibited at the International Builders Show (IBS) in Las Vegas, Jan. 31-Feb. 2, Booth W1800.
Genesis operates facilities in Elkhart County, Ind. and Keysville, Va., with nine plants across the Midwest and East Coast.