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By Matthew Spieler Gandia, Valencia, Spain—The Faus family and 3I have sold the Faus Group to members of the laminate maker’s top management team lead by Juan Negre, chairman and CEO, and Juan Flores, president, and Corporacion Caixa Galicia, a strategic investment company related to the wood... more
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Greenville, S.C.—Orders Distributing Co., one of the Southeast’s oldest wholesale floor covering distributors, has been purchased by Kraus Carpet Mills, the privately-held, North American integrated carpet and fiber manufacturer and flooring distributor, headquartered in Waterloo, Ontario, Canada... more
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Dalton—Edge Flooring has announced the completion of a transaction with an affiliate of Hunt SSG, a middle-market private equity group. Additionally, a new marketing campaign touts the company’s revolutionary Genuine Tile Laminate (GTL) flooring system... more
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Dalton—Shaw Industries has purchased 100% ownership of Evergreen Nylon Recycling in Augusta, Ga., from DSM Chemicals North America. Evergreen, which was previously owned jointly by Honeywell and DSM, closed in 2001... more
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Keene, N.H.—Trikeenan Tileworks has purchased a 45,000-sq.-ft. tile manufacturing facility in Hornell, N.Y., to produce its new line of Modulus flooring. The company will maintain its other factory in West Swanzey, N.H... more
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By Steven Feldman Lancaster, Pa.—Armstrong on March 15 made strides to increase its leadership position in the hardwood flooring segment with the acquisitions of Capella Wood Floors and HomerWood for cash along with the announcement of a manufacturing joint venture in China... more
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Cleveland, Ohio—Garland Floor Co. has announced the sale of the firm to ICS Building Technologies Corp., a construction chemicals firm with operations in Japan, Asia Pacific and North America. The sale was effective on Jan. 1... more
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Carson, Calif.—Pedross, a leading floor molding and trim specialty manufacturer from Italy, has partnered with cork flooring producer Nova Distinctive Floors to bring its line to North America... more
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Calhoun, Ga.—Mohawk Industries has agreed to purchase a plant from Propex Fabrics located in Roanoke, Ala., that produces secondary carpet backing. The plant employs approximately 470 people. Financial terms of the transaction were not disclosed... more
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Lakeland, Fla.—Florida Tile has finally found a home. Panariagroup Industrie Ceramica, a publicly-traded Italian tile conglomerate, announced it purchased the brand and main assets of Florida Tile Industries for $22.5 million... more
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