Belknap White Group and JJ Haines Grow Relationship
(Mansfield, MA). The Belknap White Group, the privately-held full-line floor covering distributor in the Northeast, has announced an expanded equity investment in the JJ Haines Company of Baltimore Maryland.
In 2017, Belknap and Haines entered into a strategic partnership, with Belknap making an initial equity investment in Haines. The partnership allowed both companies to collaborate and work together to build an east coast flooring distribution platform. Collaboration in areas such as Sales, IT and Logistics has been on-going.
Recently, Belknap increased its equity investment and now holds a controlling interest in JJ Haines. Haines will continue to operate as a separate entity based out of Baltimore.
Hoy Lanning, the CEO & President of Haines, will report to the Haines Board of Directors. The Board, which will be chaired by Raymond Mancini Jr., will oversee and set overall direction for the company.
Haines, which has been in business since 1874, operates in the mid-Atlantic with their distribution territory stretching to Florida. They are Armstrong’s longest serving distributor partner.
“This significant equity investment further enhances the synergies achieved through our partnership with Haines that started more than a year ago,” said Mancini. “This trend of strategic alignment is one that most flooring companies – including Haines and Belknap – have pursued over the last several years.”
“As flooring distributors begin to consolidate, it is critical that distributors achieve a certain level of critical mass,” said Lanning. “This investment from Belknap is a win/win for both companies as we strive to build a larger and more stable distribution platform.”
Mansfield, Massachusetts. The Belknap White Group (BWG), one of America’s leading full-service flooring distributors, has announced it will be stocking American Olean’s latest porcelain tile Collections...read more
Mansfield, Massachusetts. The Belknap White Group (BWG), one of America’s leading full-service flooring distributors, will be now distributing Crossville Ceramics’ Astral Plane Porcelain Tile Collection...read more
Mansfield, Massachusetts. The Belknap White Group (BWG), one of America’s leading full-service flooring distributors, has announced it will be distributing Questech’s Dorset™ Collection throughout...read more
Since its re-branding in early 2018, Milestone (previously Florim USA) continues to supply America with the newest and most updated designs in tile. The Belknap White Group (BWG) is excited to continue partnering with...read more