M&A Deal Summary

Gerflor Acquires SnapLock Industries

On April 3, 2023, Gerflor acquired building materials company SnapLock Industries

Acquisition Highlights
  • This is Gerflor’s 3rd transaction in the Building Materials sector.
  • This is Gerflor’s 2nd transaction in the United States.
  • This is Gerflor’s 1st transaction in Utah.

M&A Deal Summary

Date 2023-04-03
Target SnapLock Industries
Sector Building Materials
Buyer(s) Gerflor
Deal Type Add-on Acquisition

Target

SnapLock Industries

Salt Lake City, Utah, United States
SnapLock Industries is a manufacturer and supplier of premium modular flooring products. SnapLock Industries was founded in 1990 and is based in Salt Lake City, Utah.

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Buyer(S) 1

Buyer

Gerflor

Lyon, France

Category Company
Founded 1937
Sector Building Materials
DESCRIPTION

Gerflor designs, manufactures and markets innovative, decorative, eco-responsible and complete solutions for resilient floors, wall coverings and accessibility, from installation to finish for professionals and individuals. Gerflor was founded in 1937 and is based in Lyon, France.


DEAL STATS #
Overall 4 of 4
Sector: Building Materials M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
State: Utah M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-02 Stagestep

Philadelphia, Pennsylvania, United States

Stagestep provides complete flooring solutions for home studios, schools, and professional dance companies. Stagestep was founded in 1968 and is based in Philadelphia, Pennsylvania.

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