# 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.

- Type: Acquisition
- Announced: 2023-05-22
- Where: San Luis Potosí, Chihuahua, Guanajuato, Mexico
- Value: $293.0M
- Status: announced
- Products: ceramic coatings, porcelain coatings
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Mohawk Industries](https://endata.com/companies/21740.md) (acquirer)
- [Vitromex](https://endata.com/companies/63286.md) (target)
- [Dal-Tile México Comercial](https://endata.com/companies/70420.md) (acquirer)
- [Saltillo Industrial Group](https://endata.com/companies/70421.md) (target)

## Sources

- [santamarinasteta.mx](https://www.santamarinasteta.mx/en/publicaciones-y-eventos/deal-announcements/gis-acuerda-la-venta-de-vitromex/), 2023-05-22: "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."

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