Chicago-based CMC is a global provider of ceiling products and services including suspended grid systems and metal ceiling panels. It has a strong history and a market leading position in North America and Europe and an emerging position in Far East Asia. CMC has a network of sales and distribution channels throughout Europe, North America and Asia supported by production facilities in Belgium, the USA, China and Malaysia. In 2012, CMC generated USD 139 million (€ 103 million) in revenues and employs approximately 600 employees. www.chicagometallic.com
This acquisition is part of the ROCKWOOL Group’s strategy to globalise and develop its ceiling business which today accounts for approximately 10% of Group revenues. ROCKWOOL International A/S reported more than € 1.97 billion in revenue in 2012 and has nearly 10,000 employees across 40 countries. www.rockwool.com.
Commenting on the acquisition, Division Managing Director of the ROCKWOOL Group’s Systems Division, Herman Voortman, said: