Mohawk expands its resilient flooring and LVT business by acquiring IVC

Purchase price put at US$1.2bn – Closing expected at the end of March

The US flooring group Mohawk Industries Inc., based in Calhoun, Georgia, is to undertake a major expansion of its resilient flooring and luxury vinyl tiles (LVT) business by acquiring International Vinyl Company N.V. (IVC Group), based in Avelgem, Belgium. The company will also strengthen its MDF/HDF and laminate ...

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