Carpenter Co. Acquires NCFI's Consumer Products Division (flexible foam assets)

November 16, 2023

Carpenter Co., a Richmond, Virginia–based manufacturer of polyurethane foams, has agreed to acquire the flexible foam assets of NCFI Polyurethanes' Consumer Products Division in Mount Airy, North Carolina. The deal expands Carpenter's engineered-foams capacity and complements its existing operations in Conover, North Carolina, while adding product lines serving furniture, mattress, aerospace, marine and medical markets.

Buyers
Carpenter Co.
Targets
NCFI Polyurethanes - Consumer Products Division
Sellers
NCFI Polyurethanes
Industry
Manufacturing
Location
North Carolina, United States
Transaction Type
Divestiture

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