Mohawk to acquire Vitromex ceramic business
Floor Covering News
JUNE 8, 2022
Calhoun, Ga.—Mohawk Industries said it has entered into an agreement to purchase the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) for approximately $293 million in cash. The transaction is expected to close in the second half of 2022, according to Mohawk, and is subject to the approval of GIS’s shareholders as well as customary government approvals and closing conditions.
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