Formica Overview
- Year Founded
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1912
- Status
-
Acquired/Merged
- Employees
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3,000
- Latest Deal Type
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Buyout/LBO
- Financing Rounds
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11
- Investments
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2
Formica General Information
Description
Manufacturer and distributor of decorative surfacing products intended to offer customized furniture for homes and offices. The company's decorative surfacing products include high-pressure laminate (HPL), solid surface, compact laminate and engineered stone products, thereby enabling its customers to get contemporary designs on their furniture as per their requirements.
Contact Information
Website
www.formica.com(Operating Subsidiary)
Corporate Office
- 10155 Reading Road
- Cincinnati, OH 45241
- United States
Corporate Office
- 10155 Reading Road
- Cincinnati, OH 45241
- United States
Formica Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Formica Comparisons
Industry
Financing
Details
Formica Competitors (6)
One of Formica’s 6 competitors is Panolam Industries International, a Private Equity-Backed company based in Shelton, CT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Panolam Industries International | Private Equity-Backed | Shelton, CT | ||||
| Cambria USA | Private Debt Financed | Eden Prairie, MN | ||||
| Octopus Products | Private Equity-Backed | Toronto, Canada | ||||
| Wilsonart Engineered Surfaces | Private Equity-Backed | Temple, TX | ||||
| Wilsonart UK | Corporation | Shildon, United Kingdom |
Formica Patents
Formica Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2016058003-A1 | Decorative multi-layer surfacing materials having embedded conductive materials, solid surfaces made therewith, methods for making such surfacing materials and uses therefor | Inactive | 10-Oct-2014 | ||
| ES-2827452-T3 | Decorative multilayer cladding materials with incorporated conductive materials, solid surfaces made therefrom, procedures for making such cladding materials and uses thereof | Active | 10-Oct-2014 | ||
| AU-2002326777-A1 | Decorative laminate and method of producing same | Inactive | 18-Sep-2001 | ||
| WO-2003024715-A1 | Decorative laminate and method of producing same | Inactive | 18-Sep-2001 | ||
| AU-2001257284-A1 | Decorative laminate assembly and method of producing same | Inactive | 22-Jan-2001 |
Formica Signals
Formica Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Formica Acquisitions (2)
Formica’s most recent deal was a Merger/Acquisition with Well Pack Papers & Containers (Decorative Laminate Division) for . The deal was made on 12-Nov-2012.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Well Pack Papers & Containers (Decorative Laminate Division) | 12-Nov-2012 | Merger/Acquisition | Paper/Soft Products | ||
| Homapal | 31-Jan-2012 | Merger/Acquisition | Other Commercial Products |
Formica Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Homapal | Herzberg am Harz, Germany | 1949 |
Formica FAQs
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When was Formica founded?
Formica was founded in 1912.
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Where is Formica headquartered?
Formica is headquartered in Cincinnati, OH.
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What is the size of Formica?
Formica has 3,000 total employees.
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What industry is Formica in?
Formica’s primary industry is Home Furnishings.
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Is Formica a private or public company?
Formica is a Private company.
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What is the current valuation of Formica?
The current valuation of Formica is .
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What is Formica’s current revenue?
The current revenue for Formica is .
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How much funding has Formica raised over time?
Formica has raised $325M.
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Who are Formica’s investors?
CVC Capital Partners, Cerberus Capital Management, Fletcher Building, Oaktree Capital Management, and Saratoga Partners have invested in Formica.
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Who are Formica’s competitors?
Panolam Industries International, Cambria USA, Octopus Products, Wilsonart Engineered Surfaces, and Wilsonart UK are some of the 6 competitors of Formica.
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When was Formica acquired?
Formica was acquired on 04-Jun-2019.
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Who acquired Formica?
Formica was acquired by Broadview Holding.
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