In November 2012, Wilsonart became a new, independent company when Clayton, Dubilier & Rice ("CD&R") and Illinois Tool Works Inc. (NYSE:ITW) completed a transaction for the sale of ITW's Decorative Surfaces business unit. CD&R acquired a majority stake in the new freestanding business and ITW retained an ongoing ownership stake.
As Wilsonart LLC, the company operates in the U.S., Germany, France, the U.K., China, Thailand, Poland, Canada, and Mexico. The company operates under the Wilsonart®, Arborite®, Bushboard, Durcon®, KML, Laminart®, Mermaid, New Leaf, Polyrey®, Ralph Wilson®, Resopal®, Shore, Technistone® and Wetwall brands selling primarily through a network of company-owned and exclusive, independent distributors in North America and non-exclusive, independent distributors in 100+ countries worldwide.
Wilsonart manufactures and distributes surfacing materials that are used on furniture, countertops, worktops, and walls; and in office and retail spaces, homes, healthcare, and education.