Armstrong World Industries Expands Exterior Metal Portfolio with Acquisition of Parallel Architectural Products
Armstrong World Industries, Inc. (NYSE: AWI) a leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls, and exterior metal solutions, announced it has acquired Parallel Architectural Products (Parallel). Based in Englewood, Co., Parallel is an innovative, growing manufacturer of extruded aluminum products primarily used in exterior architectural applications.
“We are happy to welcome Parallel to the Armstrong family and further expand our exterior metal portfolio,” said Mark Hershey, COO and Senior Vice President of Armstrong World Industries. “In a short amount of time, the team at Parallel has built an innovative portfolio of easily specified, extruded metal solutions for cladding, soffits, battens, and more. Adding these products and capabilities to our portfolio allows us to offer a more complete range of exterior metal solutions, complementing the design-centric, custom solutions offered by our Zahner® and BŌK Modern® brands.”
Under the management of a team with decades of experience in extruded metal for exterior applications, Parallel has developed a leading, diverse portfolio of innovative, versatile aluminum architectural products for both unique, custom structural elements and standard building applications.
“Joining the Armstrong family of architectural specialties brands provides us a unique opportunity to accelerate our growth with a company offering the industry’s most comprehensive portfolio of innovative standard and custom architectural solutions in North America,” said K’leb Shivvers, co-founder and president of Parallel.
Architects and designers can choose from a variety of finishes, including more than 30 woodgrain options and 15 sleek solid colors that blend the warmth of real wood visuals with the design flexibility of durable, engineered solutions. A proprietary sophisticated interlocking design from Parallel with minimal components reduces the time and materials required for installation for contractors and installers. With no screws or pins on the end of the planks, the cladding and soffit products are easier and more efficient to install. A 12-inch width material is unique to the Parallel offering, reducing the labor intensity of installation. Made in the USA, Parallel products are compliant with the Build America, Buy America Act.
With the addition of Parallel, Armstrong has now completed 14 Architectural Specialties acquisitions since 2016. For more information, visit armstrongceilings.com/Parallel.
District Capital Partners acted as buyside advisor to Armstrong on the transaction.
About Armstrong World Industries
Armstrong World Industries, Inc. (AWI) is an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls, and exterior metal solutions. For more than 160 years, Armstrong has delivered products and capabilities that enable architects, designers, and contractors to transform building design and construction with elevated aesthetics, acoustics, and sustainable attributes. With $1.4 billion in revenue in 2024, AWI has approximately 3,800 employees and a manufacturing network of 22 facilities, plus seven facilities dedicated to its WAVE joint venture. In 2025 and 2026, Armstrong’s extensive environmental efforts earned it the designation as one of America’s Greenest Companies by Newsweek.
