Clayton Dubilier & Rice LLC tapped Goldman Sachs to aid in the potential sale of Wilsonart, Reuters reported, citing unnamed sources.
The private equity firm, which is the majority shareholder, and co-owner Illinois Tool Works Inc. are looking to sell Wilsonart at a valuation of $2.75 billion.
One source told the news outlet that Wilsonart is in discussions with private equity firms and other potential acquirers.
The Texas-based company manufactures countertops, laminates and other surfacing materials for the furniture and office sectors. Its brands include Wilsonart, Resopal, Polyrey and Arborite.