Mohawk Industries to acquire Vitromex from GIS for $293 million

Grupo Industrial Saltillo (GIS) has reached a definitive agreement to sell its Vitromex Ceramic Tiles Business to Mohawk Industries for $293 million. The transaction is expected to close in the second half of 2022.

“For Vitromex, this transaction will represent an opportunity to join one of the main players in the ceramic tiles industry worldwide.”sealeassociates.com

• 1 source
• sealeassociates.comSeale Advised GIS on the Divestiture of Vitromex to Mohawk IndustriesBrett CarmelOct 1, 2024

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