U.S. - Wilsonart LLC announced an agreement to acquire Durcon Incorporated, the world's leading manufacturer of laboratory-grade work surfaces, best known for its durable epoxy resin surfaces. The Taylor, TX-based Durcon will operate as a new, independent business unit of Wilsonart. 

The transaction is expected to close in the fourth quarter and it will be financed through a combination of available cash and the company's existing credit facilities.

"We are excited about the future for both Wilsonart and Durcon," said Timothy J. O'Brien, CEO of Wilsonart LLC. "We are investing for growth and adding a great brand, great products and great people to the Wilsonart family. These two organizations are culturally aligned around customer service, which will continue to be a key competitive advantage as we join forces to expand product offerings and reach new customers."

"At Durcon, we're very proud of the strong customer loyalty and brand presence that we've achieved," said Cordell Bennigson, CEO of Durcon. "We're excited about the growth opportunities created by joining Wilsonart. Together, we will continue to invest for significant growth, both organically and through expanding our products and capabilities."