# Mohawk Industries to acquire Vitromex ceramic tile business

Mohawk Industries has agreed to purchase the Vitromex ceramic tile business from Grupo Industrial Saltillo for approximately $293 million in cash. The transaction is expected to close in the second half of 2022.

- Type: Acquisition
- Announced: 2022-06-03
- Where: Mexico
- Value: $293.0M
- Status: announced
- Products: ceramic tile, porcelain tile, mosaics, decorative tiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Grupo Industrial Saltillo](https://endata.com/companies/8204.md) (partner)
- [Mohawk Industries](https://endata.com/companies/21740.md) (acquirer)
- [Vitromex](https://endata.com/companies/63286.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2022/06/03/2456003/0/en/Mohawk-Industries-Announces-Acquisition-of-Vitromex-Ceramic-Tile-Business-From-Grupo-Industrial-Saltillo.html), 2022-06-03: "We have entered into an agreement to purchase the Vitromex ceramic tile business from Grupo Industrial Saltillo for approximately $293 million in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.