Wilsonart, manufacturer and distributor of high-pressure laminates and and surfaces for furniture and countertops, has introduced 25 new designs to its Contract Laminate Collection and 7 new designs to its Solid Surface Collection.

Illinois Tool Works sold control of its Decorative Surfaces segment, including Wilsonart, to Clayton, Dubilier & Rice for $1.05 billion in cash.

ITW announced plans to sell a majority of its Decorative Surfaces segment to Clayton, Dubilier & Rice. ITW will receive approximately $1.05 billion in cash, derived from a $395 million CD&R equity investment and borrowing by the new company.