Canadian-based decorative surfaces brand brings added depth to Laminart portfolio
AUSTIN, Texas (August 21, 2024) – Wilsonart, a world-leading engineered surfaces company, today announced it has acquired Octopus Product, Ltd. (Octopus Products), an innovative decorative surfacing brand of High Pressure Laminate (HPL), Decorative Metals and Wood Panels. Based in Toronto, Ontario, the privately held company will operate as part of Chicago-based Laminart, a Wilsonart Company, a provider of boutique interior surfacing materials. This strategic acquisition represents significant growth potential for Laminart by expanding the company’s product portfolio.
“The acquisition of Octopus Products complements Wilsonart’s focus on setting the standard for excellence in the decorative surfaces industry,” said Kevin Geijer, general manager of Laminart. “Through this partnership, we look forward to expanding Laminart’s already strong portfolio of innovative designs and providing interior design and architectural professionals with even more surface choices.”
Since 1950, Octopus has built brand recognition and excitement for interior surface specifiers. The brand was founded by Frank Bernard who developed a revolutionary modular system of extrusions and components that allowed designers to create easily modified interiors. As time progressed, Octopus Products focused on interior decorative products and introduced metal laminates to the North American market, solidifying its position as a game-changer in the industry. With the acquisition, Octopus Products will join Laminart’s portfolio of exclusive designs that can be found in high-profile retail stores, hotels, restaurants, showrooms, trade show exhibits and more.
“For more than 70 years, Octopus Products has strived to offer industry professionals superior designs, products and customer service. We are proud of the exceptional employees and loyal customers we’ve earned and with Laminart’s resources and reputation, we know this focus will continue,” said Thomas Bernard, former owner and president of Octopus Products.
The terms of the transaction are not disclosed. The purchase price and the anticipated impact are not material to Wilsonart’s consolidated financial results. The transaction closed on August 21, 2024. For more information about Laminart, visit Laminart.com.
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