Content about Laminate flooring

October 30, 2012

Mohawk Industries said it will acquire leading laminate flooring brand Pergo for $150 million.

Mohawk Industries said it will acquire leading laminate flooring brand Pergo for $150 million.

The deal is expected to close during the first quarter of 2013 and gives Mohawk access to a brand that has become synonymous with laminate flooring over the years. Pergo’s 2011 sales in the U.S. and Europe were roughly $320 million according to Mohawk, who acknowledged the company as a leader in laminate flooring technology with unique patents on design and installation methods.