Panolam to acquire Nevamar.SHELTON, CT -- Panolam Industries International Inc., a division of Genstar Capital, announced it has entered into a definitive agreement to acquire all of the outstanding equity securities of Nevamar Holdco LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control from investment funds Noun 1. investment funds - money that is invested with an expectation of profit investment assets - anything of material value or usefulness that is owned by a person or company managed by Kohlberg Management IV LLC and other current owners. Nevamar designs and sells decorative Laminates; brand names include Nevamar, Pluswood, Vinylface, Lamclad and Quinella qui·nel·la also qui·nie·la n. A system of betting in which the bettor, in order to win, must pick the first two finishers of a race, but not necessarily in the correct sequence. . The transaction is expected to be completed by the end of February. Robert Muller Jr., chairman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of Panolam, said, "Our acquisition of Nevamar further develops our 'one-stop shopping' strategy by expanding our decorative overlay product Line, and the acquisition will help provide the combined company with expanded capacity and improved cost and supply chain efficiencies." |
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