Genesis Products has entered an agreement to purchase Funder America, Inc.
The deal was announced at the 2023 NAHB International Builder Show in Las Vegas. The acquisition, expected to close during Q1, 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,” said Jon Wenger, CEO of Genesis. “We are passionate about leveraging the breadth of our offering to better serve OEMs, distributors and retailers across the country.”
“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,” said Peter Funder, who will continue to lead Funder as a division of Genesis after the acquisition. “Our products and capabilities are naturally aligned to be stronger together.”
Funder’s TFL panels and components feature decorative surfaces with enhanced visual appeal, which also exhibit excellent scratch and wear resistance. They are available in a variety of sizes, thicknesses, textures, and designs; an offering that complements industries Genesis currently serves, including kitchen cabinets, closets and shelving, RV, office and healthcare furniture, and more.
