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Mohawk Industries Inc Announces Acquisition Of Spano Invest NV

Monday, 28 Jan 2013 07:01am EST 

Mohawk Industries Inc announced that it has entered into an agreement to purchase Spano Invest NV (Spano), a Belgian panel board manufacturer, for EUR125 million ($168 million) in cash. This transaction is expected to close in the second half of 2013. Spano manufactures and distributes chip and melamine board, which are used to produce furniture and building products primarily in the Belgian market. 

Company Quote

3.25 +2.19%
21 Nov 2014