RED LION, Pa. (Dec. 9, 2011)—Polyurethane millwork maker Apex Urethane Millwork has acquired competitor Safari Stone for an undisclosed price.
Fort Lauderdale, Fla.-based Safari Stone has annual sales of more than $4 million, producing elaborate millwork with decorative finishes that simulate numerous effects, including hand-finished wood grain, aged stone and salt-eroded sea coral, Apex chief operating officer Michael Sampere said.
Apex, based in Red Lion, Pa., plans to move Safari Stone's manufacturing operations to its own 500,000 square-foot site in Red Lion within the next year, Sampere said.
Safari Stone “was a competitor, but they were in a much higher market than we were,” he said. “They did a lot of high-end commercial work.” Sampere declined to provide more details on Safari Stone, but he said the firm's two owners will remain with Apex.
Apex makes milled trim parts in polyurethane for decorative architectural uses. Applications include interior and exterior window surrounds, fireplace moldings, and customized stairways in residential and other buildings.