A match made in tile heaven
It’s true. Ardex has (basically) bought Wedi by purchasing a majority stake in the company.
Many would say that the purchase makes a lot of sense since Ardex doesn’t have either a backer board or a shower system in their arsenal. Wedi, on the other hand, specializes in exactly those things and virtually nothing else.
However, Ardex did acquire a little-known shower system company earlier this year named Tilite.
Wedi will still remain its own entity within the Ardex ecosystem much like Henry’s, also owned by Ardex, is still its own company with its own identity.
What do you guys think of this? Good move? Bad move? Doesn’t matter? Let me know if the comments.
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