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Construction Materials & Machinery M&A image Construction Materials & Machinery M&A » By The Online Investor Staff, updated Mon., Apr. 29, 9:43 PM Recent mergers and acquisitions in the Construction Materials & Machinery M&A category.

This Slide: #21 of 22

Slide #21. Mohawk Industries, Inc. — Pergo

Acquirer: Mohawk Industries, Inc. (NYSE:MHK)
Acquiree: Pergo
Details: 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.

Mohawk Industries is a global flooring manufacturer. Co.'s segments are: Global Ceramic, which designs, manufactures, sources, distributes and markets a line of ceramic, porcelain and natural stone tile products used for floor and wall applications in residential and commercial channels; Flooring North America, which designs, manufactures, sources and distributes a range of floor covering products in a variety of colors, textures and patterns; and Flooring Rest of the World, which designs, manufactures, sources and distributes a variety of laminate, luxury vinyl tile and sheet vinyl, wood flooring, broadloom carpet and carpet tile collections used in the residential and commercial markets.

Mohawk Industries SEC Filing Email Alerts Service


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MHK — Key Stats (updated 11 hours, 12 minutes ago)
Company Name:  Mohawk Industries, Inc.
Stock buyback:  MHK buyback
Website:  www.mohawkind.com
Sector:  Construction Materials & Machinery
Number of ETFs Holding MHK:  71
Total Market Value Held by ETFs:  $1.12B
Total Market Capitalization:  $7.02B
% of Market Cap. Held by ETFs:  15.89%
 

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April 29, 2024  •  9:43 PM Eastern
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Hold (2.23 out of 4)
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