Armstrong Flooring completes acquisition of Mannington Mills’ VCT business

June 12, 2017

Armstrong Logo 2016Lancaster, Pa.—Armstrong Flooring has closed on the previously announced definitive asset purchase agreement to acquire the Vinyl Composition Tile (VCT) business of Mannington Mills.

“We are pleased to close on this strategic acquisition and strengthen our footprint in the well-structured VCT category,” said Don Maier, chief executive officer. “This acquisition remains on track to drive accretive benefits to earnings in 2018 and marks an exciting step in our multi-pronged approach to achieve our medium-term goals. We look forward to providing customers with an expanded inventory selection backed by our expertise in VCT, as well as exceptional service from our strong distribution network.”

Armstrong Flooring intends to use its existing plant and distribution networks to accommodate the additional VCT volume from the acquisition in order to drive top and bottom line benefits through increased scale and capacity utilization.

Related Articles

Floor Covering News

Press Release

NeoCon 2017 sees increase in attendance

Chicago—NeoCon yet again proved that it is the world’s premier platform for commercial design as it took over The Mart from June 12-14. Registered attendance rose 7% over the 2016

Read More

Mohawk expands tile manufacturing footprint

Nashville—Mohawk Industries has announced it will expand its ceramic tile manufacturing operations in Dickson, Tenn. Plans call for the addition of a second plant near its recently built tile factory,

Read More

Crossville collections installed in smart home for wounded veteran

Crossville, Tenn.—As the tile supplier for the Gary Sinise Foundation’s R.I.S.E. program in 2017, Crossville recently contributed the tile for a specially adapted smart home for U.S. Army Staff Sgt.

Read More