QEP Co. acquires assets of Kraus Group

HomeNewsQEP Co. acquires assets of Kraus Group

Boca Raton, Fla.—QEP Co. has agreed to acquire certain assets of Kraus Group. Kraus is a leading North American distributor of various hard surface flooring, carpet tiles and related accessories.

Kraus will operate as a business unit of QEP Co. The deal is expected to be complete in early October 2018.

 

Must Read

Retailers React: What areas of your business are showing strength?

Every two weeks, FCNews seeks out flooring retailers across the country to offer their advice on hot topics of the day. This week, we...

Emser Tile names Jim Parello EVP of sales

Los Angeles—Emser Tile has added to its leadership team with the appointment of Jim Parello to the position of executive vice president of sales....

Builder sentiment unchanged in April

Washington, D.C.—Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest inflation data failed...

Tarkett adds to Source One team

Solon, Ohio—Tarkett has welcomed Jason Richardson to its team as director of customer experience for Source One, the company’s project management service. Richardson brings with...

FCA Network: It’s all about the youth movement

Louisville, Ky.—Anyone who has attended an FCA Network convention over the last five years has probably noticed the youth movement taking place, with...

New home sales post solid gain in March

Washington, D.C.—Despite higher interest rates, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home...
Some text some message..
X