Content about Mohawk Industries

December 21, 2012

Mohawk Industries plans to acquire leading ceramic tile manufacturer The Marazzi Group.

Mohawk Industries plans to acquire leading ceramic tile manufacturer The Marazzi Group.

The $1.5 billion acquisition will make Mohawk, a flooring industry leader best known for carpeting, the world leader in ceramic tile, according to the company. The Marazzi Group is said to be the leading manufacturer and marketer of ceramic tile in all its major geographies, including Russia, the United States, Italy, France and Spain, with 2011 revenues of nearly $1.2 billion. The deal is expected to close in the first quarter of 2013.

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.