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Dixie Group Inc Announces Negotiations To Acquire Robertex

Wednesday, 12 Jun 2013 04:01pm EDT 

Dixie Group Inc announced that it is in negotiations to acquire Robertex Associates, Inc. from Bob Rothman. Dixie`s intention is to purchase Robertex and retain Mr. Rothman`s services under a five-year contract. The acquisition would allow Dixie to enhance its position in the wool markets with the addition of the Robertex and Carousel product lines. Dixie and Mr. Rothman hope to close by the end of the month. Terms of the transaction were not disclosed. 

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