Elizabeth Revestimentos has been acquired by Mohawk Industries, Inc
The shareholders of Elizabeth Revestimentos have sold the company to Eliane Revestimentos, a subsidiary of Mohawk Industries, Inc.
Elizabeth Revestimentos is one of the largest ceramic tiles (wet process) manufacturers in Brazil. The company has five industrial plants, with a total production capacity of approximately 56 million m².
Based in the US, Mohawk Industries is the leading global flooring manufacturer, creating products to enhance residential and commercial spaces around the world. Mohawk’s vertically integrated manufacturing and distribution processes provide competitive advantages in carpet production, ceramic coatings, and laminated, wood, stone and vinyl floors. Industry-leading innovation has spawned products and technologies that differentiate their brands in the marketplace and meet all refurbishment and new build requirements. Mohawk’s brands are among the most recognized in the industry and include American Olean, Daltile, Durkan, Eliane, Feltex, Godfrey Hirst, IVC, Karastan, Marazzi, Mohawk, Mohawk Group, Pergo, Quick-Step and Unilin. During the last decade, Mohawk has turned its American rug-making business into the world’s largest flooring company.
One of Oaklins’ teams in Brazil acted as the exclusive sell-side advisor in this transaction.
Manfredo Gouvea Junior
CEO, Elizabeth Revestimentos
联系交易团队
相关交易
Varsteel, Ltd. has acquired Pacific Steel, Inc.
Pacific Steel, Inc. has been acquired by Varsteel, Ltd.
更多信息Sibelco has received strategic advisory related to the exit of a minority shareholder
SCR Sibelco has received strategic advisory related to the exit of a minority shareholder. Different options were considered. On 8 December 2023, Sibelco announced its intention to launch a share buyback program, via a tender offer, to acquire up to 18.94% of outstanding shares for a price of €6,850 per share and a total deal consideration of €609 million. The program offered liquidity optionality to the exiting shareholder, as well as other minority shareholders looking forward to crystallizing some value. Sibelco is delighted to pursue with its ambitious mid-term growth plan thanks to a refocused shareholder register and the support of the founding families. Further information on the transaction can be found in the prospectus of the tender offer.
更多信息Arbo Windows becomes the leading wooden windows producer in the Baltics by acquiring Arlanga Wood
Arbo Windows, a leading Latvian producer of wooden windows and doors, has acquired Arlanga Wood, a leading Lithuanian producer of wooden windows and doors, creating the largest wooden windows producer in the Baltic states. The combined group has over 200 employees and generates over US$20 million of annual revenues.
更多信息