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Foam Holdings Acquires Expanded Polystyrene Manufacturer Amvic

Foam Holdings Acquires Expanded Polystyrene Manufacturer Amvic

News 10.11.2022

Foam Holdings, a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, announced the acquisitions of Amvic, Inc. (“Amvic”) and Concrete Block Insulating Systems, Inc. (“CBIS”). Founded in 1997 and headquartered in Toronto, Ontario, Amvic is an industry-leading manufacturer of expanded polystyrene (“EPS”) insulated concrete forms, radiant heat flooring and other construction and insulation products. CBIS, headquartered in West Brookfield, Massachusetts, manufactures EPS preformed concrete block insulation systems and insulated containers.

“We are thrilled to have acquired Amvic and CBIS,” said Greg Silvestri, CEO of Foam Holdings. Greg continued, ​“Both are founder-led businesses, built on decades of product innovation and the strongest reputation for quality and service. With these acquisitions, Foam Holdings has added complementary products and locations to better service our customers across North America.”

“We are very pleased to have completed these two highly strategic acquisitions for Foam Holdings,” said Paul Ciolino, Partner at Wynnchurch. Paul added, ​“We are committed to providing our customers with best-in-class products and unmatched service as we continue to expand on the Foam Holdings platform.”

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