HVG has acquired the enterprise of Wilsonart Australia from AICA Kogyo Co Ltd. Wilsonart Australia manufactures low-pressure melamine (LPM) panels and cupboard doorways and is positioned in Somerton, Victoria.
HVG CEO Bruce Rayment stated, “We’re excited by the expansion potential of the enterprise and the alternatives that this vertical integration opens up for us. Wilsonart/AICA have been a accomplice since 2012, and we sit up for working collectively, maximizing gross sales of their manufacturers within the Australian and New Zealand markets into the longer term. The entire current employees are being retained and there are alternatives for them to develop within the wider HVG enterprise. For our current clients, and people which have been dealing straight with Wilsonart Australia, we sit up for persevering with to serve them with an increasing product vary within the years forward.”
The present Wilsonart Australia CEO Andrew Janka stated, “We couldn’t have discovered a greater enterprise to take over Wilsonart Australia than our long-term Australian accomplice HVG. They’ve demonstrated a long-term dedication to the model in Australia, and they’re the best individuals to drive the enterprise ahead into the longer term.”
The acquisition is predicted to be accomplished earlier than the Christmas break, after which current direct clients of Wilsonart Australia will likely be serviced by an expanded HVG Constructing Pty Ltd gross sales and specification crew.
“The acquisition of Wilsonart Australia is a transparent and constructive subsequent step within the development of the Wilsonart Manufacturers and the broader HVG enterprise. This transfer will guarantee stability in provide, improved high quality and lead occasions and a greater centered vary supply within the merchandise which might be manufactured in Australia. It’s going to additionally be sure that the LPM manufactured by HVG Manufacturing sooner or later will likely be from a totally Australian owned firm,” Mr Rayment stated.
The HVG group of corporations are privately owned Australian companies that import and distribute constructing facade merchandise, engineered stone, melamine panels, cupboard doorways, graphics media, efficiency materials, and ornamental constructing merchandise. HVG distributes throughout a number of sectors, together with residential, industrial and industrial building, caravan manufacturing, agriculture, print, exhibition and show industries.
HVG Ornamental Constructing Merchandise