Wilsonart Engineered Surfaces to Acquire Technistone to Support Global Quartz Growth
AUSTIN, TX (August 8, 2019) – Wilsonart Engineered Surfaces has signed an agreement to acquire Technistone, a.s., a world-leading manufacturer of quartz stone that has specialized in the industry for more than 20 years. The Company is located in the heart of Europe, just outside of Prague in Hradec Králové, Czech Republic, and successfully exports quartz slabs to more than 75 countries worldwide on five continents. In 2018, Technistone® completed significant state-of-the-art investments to upgrade their existing Bretonstone® production lines to increase capacity and improve design capabilities and quality. Technistone is globally recognized for high-quality and premium technical stone with a sophisticated system of objective color measurement and a reputation for excellent service.
“We are steadfast in our commitment to provide the global marketplace with a high-quality and reliable source of engineered surfacing options, across a broad range of materials. As the demand for quartz increases in both the commercial and residential markets, the addition of Technistone allows us to better provide our customers high-quality quartz products, combined with the service they have come to expect from Wilsonart,” says Andrew Korzen, VP, Product Management, Engineered Solid Surfaces, Wilsonart. “This acquisition represents a significant commitment to our Wilsonart® Quartz program and supports our mission to create surfaces our customers love, with service they can count on. We welcome Technistone to the Wilsonart Engineered Surfaces portfolio of brands and products, and look forward to collectively serving our customers with a world-class quartz program.”
“Our company has a terrific reputation for taking care of our customers with high-quality products and on-time shipments,” says Radek Průša, CEO and Chairman of the Board. “Now as a part of the Wilsonart organization, we have even stronger support of our brand. With our increased production capacity, our customers can expect even more as we join the Wilsonart family.”
The transaction is subject to regulatory approvals and is expected to close in September of 2019.
Wilsonart, a world-leading engineered surfaces company, is driven by a mission to create surfaces people love, with service you can count on, delivered by people who care. The Company manufactures and distributes High Pressure Laminate, Quartz, Solid Surface, Coordinated TFL and Edgebanding and other engineered surface options for use in the office, education, healthcare, residential, hospitality, and retail markets. Operating under the Wilsonart®, Resopal®, Polyrey®, Arborite®, Laminart®, Bushboard™, Shore™, Mermaid™, Ralph Wilson®, KML®, and Durcon® brands, the company continuously redefines decorative surfaces through improved performance and aesthetics.
Wilsonart Quartz, introduced in 2015, features an evolving collection of design and color options, including popular large-scale movement patterns and elegant, low-contrast designs, all for commercial and residential use. For the latest offering, visit www.wilsonart.com/quartz.
About Technistone, a.s.
Technistone is the world's leading manufacturer of hardened stone with more than 20 years of history. Technistone is known for its production of highly durable, reliable, exclusive kitchen countertops, but technical stone also finds its application in the form of floor or bathroom tiles.
Technistone's headquarters is located in the heart of Europe, in the Czech Republic, where the installation of the original Italian Bretonstone technology began in 1991 in the city of Hradec Králové on an area of 20,000 m². The fastest-growing segment of Technistone business is the sale of its products through its own branch network. Mainly due to its branch network, Technistone is a market leader in the Czech Republic, Slovakia, Poland and Russia. For more information, visit www.technistone.com.
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