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Mohawk acquires Vitromex from GIS for $293 million · Endata

◂ Announcements

May 22, 2023ACQUISITIONSan Luis Potosí, Chihuahua, Guanajuato, Mexico

Mohawk acquires Vitromex from GIS for $293 million

Saltillo Industrial Group (GIS) agreed to sell Vitromex USA and Manufacturas Vitromex to Mohawk and its subsidiary Dal-Tile México Comercial for $293 million. Vitromex manufactures ceramic and porcelain coatings in Mexico.

Value

$293.0M

Status

Announced

Productsceramic coatingsporcelain coatings

CompaniesMohawk Industries acquirer Vitromex target Dal-Tile México Comercial acquirer Saltillo Industrial Group target

Sectors#Construction Materials

“GIS announced that it reached an agreement for the sale of the shares of Vitromex USA and Manufacturas Vitromex to Mohawk and its subsidiary in Mexico, Dal-Tile México Comercial, for a value of 293 million dollars.”santamarinasteta.mx

1 source
santamarinasteta.mxGIS agrees to the sale of Vitromex - Santamarina + StetaSantamarina + StetaMay 22, 2023

Summarized from public sources; check the original articles before acting on it.

More from Mohawk Industries

Oct 1, 2024ACQUISITIONMexico, Mexico$293.0M
Mohawk Industries to acquire Vitromex from GIS for $293 million
Grupo Industrial Saltillo partner Mohawk Industries acquirer sealeassociates.com
Feb 16, 2023ACQUISITIONMexico$299.0M
COFECE approves Mohawk Industries' acquisition of Vitromex
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Jun 3, 2022ACQUISITIONMexico$293.0M
Mohawk Industries to acquire Vitromex ceramic tile business
Grupo Industrial Saltillo partner Mohawk Industries acquirer globenewswire.com
May 4, 2022NEW FACILITYMexicali, Baja California, Mexico$100.0M400 jobsops 4 May 2022
Mohawk inaugurates vinyl flooring plant in Mexicali, Mexico
Mohawk Industries elimparcial.com
Aug 27, 2020EXPANSIONVielsalm, Belgium$13.0M12 jobsops Q3 2021
Unilin invests EUR 11M in new laminate flooring line at Vielsalm plant
Unilin Mohawk Industries investor unilin.prezly.com made-in.be euwid-holz.de
Jan 18, 2018NEW FACILITYOryol, Oryol Oblast, Russia$42.0Mops 2018
IVC Group to build PVC flooring plant in Oryol, Russia
OOO AyViSi Rus Mohawk Industries investor vechor.ru

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