Waregem, Belgium—Beaulieu International Group (BIG) has acquired two privately owned companies, Beaulieu Canada and Beaulieu Australia, which will be integrated into its Flooring Solutions business unit. The transactions closed end of June.
The acquisitions represent important steps in BIG’s ongoing international growth strategy resulting in a more than €2 billion group of which €1 billion is in the flooring business.
Both Beaulieu Canada and Beaulieu Australia will benefit from the size and scale of an international player with global resources in order to further strengthen their ambitions and growth plans.
The individual company names, product ranges and brands will continue to be used by the acquired companies.
The acquisition adds a second manufacturing plant to Beaulieu Flooring Solutions’ operations in the North American market, next to its new Beauflor cushion vinyl/sheet vinyl plant in Cartersville, Ga. Beaulieu Canada’s purchasing office based in China will also become part of BIG.
“We are very enthusiastic about these acquisitions,” said James Neuling, vice president of Beaulieu Flooring Solutions. “Our complementary product portfolios and ‘customer first’ ethos create great opportunities in these two important markets. BIG’s strong financial position will enable us to provide the investment needed to grow the businesses, while allowing distributors and retailers access to an even broader product range.”