NASL Adds Diversified Manufacturing of California
Diversified Manufacturing of California (DMOC) dba Profile Wrapping, a West Coast-based profile lamination wrapping specialist, has been acquired by North American Specialty Laminations (NASL), the leading provider of differentiated specialty lamination, fabrication, and finishing solutions to the building products OEM industry.
NASL serves the window, door, flooring, specialty millwork, cabinetry, and case-goods industries.
It is financed by Building Industry Partners (BIP), the leading private equity group focused on the construction industry in the United States.
The announcement follows three prior NASL acquisitions and the opening of one greenfield facility in the last 18 months, and it comes at a vital time for current and future NASL clients.
Given recessionary and near-term housing market difficulties, capital investment costs, labor shortages, and growing transportation costs all represent significant market challenges.
“It’s critical that we continue to shorten the supply chain for our customers, as well as help them capitalize prudently on the growing demand for color in building products,” NASL CEO Doug Rende stated.
“The increased capacity and expanded geographic footprint we’ve realized by acquiring DMOC will enable us to help our customers more effectively respond to both current market challenges and growth opportunities.”
For over 20 years, DMOC has given decorative solutions to a wide range of sectors.
It specializes in applying acrylic exterior laminates to any profile, as well as real wood veneers, paper veneer products, and paintable, stainable veneers.
NASL’s lamination capabilities and capacities will be instantly enhanced by DMOC’s expertise, notably for color goods in the window and door markets.
It will also improve NASL’s access to customers in the western United States and Mexico.
“Our team is excited to be part of building a national business,” Thane Rivers, DMOC’s Founder, and CEO, stated.
“We are committed to helping NASL continue on its trajectory of rapid growth and expansion.” Rivers will now serve as NASL’s Senior Vice President, Lamination Operations.
Employees at DMOC have an average of 15 years of laminating experience, and NASL intends to keep all of them.
NASL presently employs 192 team members across five locations, including Osseo, Wisconsin; Middleton, Wisconsin; Sparks, Nevada; Roanoke, Virginia; and, with the acquisition of DMOC, Vista, California.
“This acquisition is another example of NASL’s commitment to meet its customers where they are physically located. We are excited to combine DMOC’s tremendously skilled lamination team with ours,” Pat Mascia, BIP Partner and NASL Board Chair, added.
“NASL’s commitments to exemplary customer service, industry-leading quality and innovation as well as an employee-centric culture mirror the values that DMOC was built upon,” said Zach Wiedenhoeft, President and COO of NASL.
NASL continues to look for possibilities to invest in and work with firms focused on fabrication and substrate manipulation around the United States.
Holland & Knight LLP, Fifth Third Bank, Intrinsic LLC, and Siguler Guff were among the partners interested in this opportunity.