Engineered Floors reaches a letter of intent to purchase Beaulieu assets

Home News Engineered Floors reaches a letter of intent to purchase Beaulieu assets

Dalton, Ga.– Engineered Floors has reached a letter of intent agreement in principle to purchase substantially all of the operating assets of Beaulieu Group. The transaction will be contingent upon approvals through the bankruptcy court and due diligence processes. Pending governmental approvals, the transaction is expected to close in the fourth quarter of 2017.

Note: Beaulieu Canada is not a subsidiary of Beaulieu Group and is not affected nor part of the letter of intent agreement.

Must Read

Armstrong wins four ADEX Awards

Lancaster, Pa.— Armstrong Flooring has received Platinum Awards for Design Excellence (ADEX) for four products: MedinPure PVC-Free Sheet; Unbound Luxury Flooring; Parallel USA Luxury...

Dal-Tile extends hours, offers discounts to Texas

Dallas, Texas— Dal-Tile is offering extended hours and product discounts to help its customers assist end consumers as Texans begin repairing the widespread damage...

2021 Southeast Flooring Market readies for launch

By Reginald Tucker After a post-holiday COVID-19 surge threw a wrench in Market Maker Events’ initial plans to hold the 2021 Southeast Flooring Market (SEFM)...

FCIF highlights new grant recipient

“The Floor Covering Industry Foundation has made my life a lot easier,” said Michele, a recent Floor Covering Industry Foundation (FCIF) grant recipient. Michele, a...

Parterre, T&L Distributors form partnership

Mountville, Pa.— Parterre, a brand of AHF Products, has entered into a new distribution partnership with T&L Distributors, part of E.J. Welch Company. T&L will...

The Real Wood Coalition launches

The Real Wood Coalition editorial coverage in FCNews has officially launched. It includes a collection of educational insights, new and staple hardwood products and...
Some text some message..
X