Genesis Products to Acquire Funder America

USA  – Genesis Products recently announced that it has entered an agreement to purchase Funder America Inc.

1019GENESIS2The acquisition, expected to close during the first quarter, positions Genesis to meet the high demand for Thermally Fused Melamine (TFL) panels and broadens Genesis’ expertise as a leading supplier of laminated panels, components and panel processing. Funder America is one of the oldest, largest and most diversified TFL panel and component manufacturers in North America with 50 years of experience.

“Adding TFL manufacturing to our capabilities brings us one step closer to being the most comprehensive supplier of laminated components and panels in North America. We are passionate about leveraging the breadth of our offering to better serve OEMs, distributors and retailers across the country,” said Jon Wenger, CEO of Genesis.

“As an independent TFL producer, Funder has the ability to work with any board or laminate to serve the unique and constantly evolving needs of our joint customers. Our products and capabilities are naturally aligned to be stronger together,” said Peter Funder, who will continue to lead Funder as a division of Genesis after the acquisition.

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