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Mohawk Industries Inc Enters Into Agreement To Purchase Pergo
Mohawk Industries Inc announced that it has entered into an agreement to purchase Pergo, a manufacturer of laminate flooring, for $150 million in cash. Pergo's sales in 2011 were approximately $320 million in the U.S. and Europe. The business is expected to be accretive in the first year. This transaction is expected to close no later than first quarter of 2013 and is subject to customary governmental approvals and closing conditions.
Latest Developments for Mohawk Industries Inc
- Mohawk Industries Inc Completes Acquisition Of Spano Group
- Mohawk Industries Inc Issues Q2 2013 EPS Guidance In Line WIth Analysts' Estimates
- Mohawk Industries Inc Completes Purchase Of Marazzi Group
- Mohawk Industries Inc Comments On FY 2013 Revenue Guidance; Issues Q1 2013 EPS Guidance Below Analysts' Estimates
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