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Mohawk Industries Inc Completes Purchase Of Marazzi Group

Wednesday, 3 Apr 2013 09:26am EDT 

Mohawk Industries Inc announced that it has completed the acquisition of the Marazzi Group for approximately $1.5 billion with a combination of cash and equity. The Marazzi Group is in ceramic tile. Marazzi operates manufacturing facilities in Russia , the United States and Western Europe and sells to more than 100 countries around the world. Marazzi manufactures all types of tile including glazed ceramic, glazed porcelain, technical tile and color body porcelain. 

Company Quote

0.74 +0.48%
26 Dec 2014