SPRINGFIELD, Ill., Dec. 21, 2015 /PRNewswire-iReach/ — Monterrey, Mexico (December 18, 2015) –Grupo Verzatec, an international company with headquarters in Monterrey, Mexico, and the parent company of Stabilit America announced today that it has purchased NPI Holding Corp., parent company of Nudo Products and Marlite.

Stabilit is one of the leading manufacturers of Fiberglass Reinforced Plastic (FRP) products, produced in Moscow, TN and Monterrey, Mexico, and marketed in the United States under its Glasteel brand. Marlite and Nudo help distribute Glasteel FRP through their extensive architectural specification and distribution network. They add further value and customization to Glasteel’s FRP through printing, lamination and machining. FRP decorative and functional panels are impact and moisture resistant making them ideal for a variety of end uses, such as walls and ceilings in commercial buildings and for the transportation market.

“For many years, Glasteel, Marlite and Nudo have successfully offered the marketplace best in class products and services independently,” said Francisco Senicero Lopez, CEO of Grupo Verzatec. Mr. Senicero further added “The broad capabilities of the combined international entities will provide an unparalleled offering to our customers.”

In addition to FRP, both Nudo and Marlite offer a variety of products used in the building and construction industries, including aluminum composite materials (ACM), high density polyethylene (HDPE), PVC, wood veneer, medium density fiberboard (MDF) and laminated products using many different substrates and surface materials. Nudo and Marlite will continue to offer this wide variety of products.

“The company’s strong manufacturing and distribution footprint will ensure outstanding service and delivery for our customers,” said Darryl Rosser, President and CEO of NPI Holding Corp. Mr. Rosser further stated “Maximizing our resources and expanding these offerings are among our highest priorities to take customer support to new levels.”

About NPI Holding Corp.

NPI Holding Corp. markets under the brand names of Marlite, Nudo, Midwest Folding Products and Prime Panels. Marlite provides innovative interior panel solutions for commercial markets, and is one of the most widely specified brands of wall panel solutions. Nudo and Prime Panels provide sheet and laminated functional panels for the building products, signage, transportation and other commercial markets and is one of the largest laminators in the United States. Midwest Folding Products produces mobile furniture for use in various commercial and education environments.

About Glasteel (a division of Stabilit America)

Glasteel through its state-of-the-art manufacturing facilities in the United States and Mexico is one of the largest producers of high quality FRP, PVC and Polycarbonate panels used in the building construction and transportation industries. Through its distribution network in the United States and Canada, Glasteel has a reputation for providing the high quality standards demanded by commercial construction and industrial markets.

About Verzatec/Stabilit

Groupo Verzatec/Stabilit was founded in 1959 in Mexico City. It is headquartered in Monterrey Mexico, with manufacturing facilities in Moscow, TN, Dover, OH, Springfield, IL, Monterrey, Mexico, Mexico City, Barcelona, Spain, and a joint venture with MVC in Curitiba, Brazil. In addition to the FRP, PVC, and polycarbonate products offered by Glasteel, and the broad array of products produced by Marlite and Nudo, the Company has become a world leader in the commercial construction and transportation products through its international facilities, and its global sales and distribution network.

Nudo Products Holding Corp. was previously owned by RFE Investment Partners. William Blairserved as the exclusive financial advisor to Nudo Products Inc. in the transaction.

Media Contact: Len Farrell, NPI Holding Corp., (800) 826-4132, len.farrell@nudo.com

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Photo – http://photos.prnewswire.com/prnh/20151218/297344

SOURCE NPI Holding Corp