Sources: Wynnchurch Capital L.P., Rosemont, Ill.; CP staff
Expanded polystyrene and expanded polypropylene producer and distributor Foam Holdings has acquired Amvic Inc., Toronto-based insulating concrete form manufacturer, and Concrete Block Insulating Systems Inc. (CBIS) of West Brookfield, Mass.
“Amvic and CBIS are founder-led businesses, built on decades of product innovation and the strongest reputation for quality and service,” says Foam Holdings CEO Greg Silvestri. “With these acquisitions, Foam Holdings has added complementary products and locations to better service our customers across North America.”
“We are very pleased to have completed these two highly strategic acquisitions,” adds Paul Ciolino, partner at Wynnchurch Capital, Foam Holdings owner. “We are committed to providing customers with best-in-class products and unmatched service as we expand the Foam Holdings platform.”